Plan Snapshot
- Plan Sponsor: Hillcrest Convalescent Center, INC.
- Sponsor EIN: 560569851
- Sponsor Address: 1417 WEST PETTIGREW STREET, DURHAM, NC, 27705
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $9.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 260 | $9.7M | $158,989 | $651,693 |
| 2023 | 270 | $8.9M | $172,698 | $694,582 |
| 2022 | 246 | $7.6M | $161,924 | $756,749 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $104,265 | $73,824 | — | — | — |
| 2023 | $87,759 | $61,508 | — | — | — |
| 2022 | $89,640 | $61,791 | $27,849 | — | — |