Plan Snapshot
- Plan Sponsor: High Desert Medical Corporation
- Sponsor EIN: 953930862
- Sponsor Address: 43839 15TH STREET WEST, LANCASTER, CA, 93534
- Plan Type: 401(k)
- Total Participants: 5,106
- Total Assets: $244.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,106 | $244.7M | $870,926 | $21.5M |
| 2023 | 4,214 | $208.9M | $775,885 | $20.2M |
| 2022 | 4,350 | $173.2M | $758,588 | $18.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WEAVER & TIDWELL LLP | Auditor | $26,355 | — | $26,355 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER & TIDWELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,355
- Estimated Expense Ratio: 0.011% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $462,056 | $143,806 | — | $26,355 | — |
| 2023 | $388,503 | $121,563 | $300 | $24,403 | — |
| 2022 | $404,367 | — | — | — | — |