# Honorhealth 403(b) Plan
Source: https://planprovider.pro/companies/honorhealth-403b-plan

> Honorhealth's 403(b) plan: 18,666 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Honorhealth

- **Sponsor EIN:** 860181654

- **Sponsor Address:** 8125 N HAYDEN RD, SCOTTSDALE, AZ, 85258

- **Plan Type:** 403(b)

- **Total Participants:** 18,666

- **Total Assets:** $1.2B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **Allows Roth Contributions:** Yes

- **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|18,666|$1.2B|$36.9M|$73.8M|

| 2023|14,781|$1.0B|$34.9M|$64.8M|

| 2022|13,597|$872.8M|$32.0M|$59.7M|

## 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|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$364,983|—|$364,983|

| ERNST & YOUNG LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ERNST & YOUNG LLP](https://planprovider.pro/provider/ernst-and-young-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $364,983

- **Estimated Expense Ratio:** 0.031% 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|$341,796|—|$341,796|—|—|

| 2023|$241,696|—|$109,440|—|—|

| 2022|$606,425|—|$589,800|—|—|

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