Plan Snapshot
- Plan Sponsor: Hopedale Medical Foundation
- Sponsor EIN: 370808925
- Sponsor Address: PO BOX 267, HOPEDALE, IL, 617470267
- Plan Type: 401(k)
- Total Participants: 284
- Total Assets: $11.9M
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 | 284 | $11.9M | $290,994 | $784,449 |
| 2023 | 286 | $10.8M | $281,755 | $701,313 |
| 2022 | 230 | $8.9M | $244,622 | $665,310 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN 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 | $44,557 | $27,356 | $17,201 | — | — |
| 2023 | $35,856 | $17,957 | $17,899 | — | — |
| 2022 | $59,185 | — | — | — | $59,185 |