# Hopehealth, INC. 401(k) Plan
Source: https://planprovider.pro/companies/hopehealth-inc-401k-plan

> Hopehealth, INC.'s 401(k) plan: 640 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hopehealth, INC.

- **Sponsor EIN:** 570984427

- **Sponsor Address:** PO BOX 653, FLORENCE, SC, 29503

- **Plan Type:** 401(k)

- **Total Participants:** 640

- **Total Assets:** $32.7M

## 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|640|$32.7M|$2.6M|$2.2M|

| 2023|580|$26.0M|$2.3M|$1.8M|

| 2022|523|$20.0M|$1.9M|$1.7M|

## 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|

| EDWARD D. JONES|RIA|$57,732|—|$57,732|

| JOHN HANCOCK LIFE INSURANCE CO. USA|RECORDKEEPER|$20,865|—|$20,865|

| WILSHIRE ASSOCIATES INC|RIA|$5,773|—|$5,773|

| THE HOBBS GROUP, PA|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [JOHN HANCOCK LIFE INSURANCE CO. USA](https://planprovider.pro/provider/john-hancock) — RECORDKEEPER

- [WILSHIRE ASSOCIATES INC](https://planprovider.pro/provider/john-hancock) — RIA

- [THE HOBBS GROUP, PA](https://planprovider.pro/provider/the-hobbs-group-pa) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $84,370

- **Estimated Expense Ratio:** 0.258% 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|$159,417|$63,505|$80,587|—|—|

| 2023|$119,884|$48,424|$62,340|—|—|

| 2022|$117,708|$45,292|$59,231|—|$13,185|

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