Plan Snapshot
- Plan Sponsor: Hosparus, INC.
- Sponsor EIN: 610921718
- Sponsor Address: 6200 DUTCHMANS LANE, LOUISVILLE, KY, 40205
- Plan Type: 401(k)
- Total Participants: 639
- Total Assets: $53.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 639 | $53.2M | $2.3M | $3.8M |
| 2023 | 606 | $44.9M | $2.1M | $3.4M |
| 2022 | 571 | $36.6M | $1.9M | $3.2M |
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 O | Recordkeeper | $94,382 | — | $94,382 |
| CERITY PARTNERS RETIREMENT PLAN ADV | Investment Advisor | $88,745 | — | $88,745 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $10,858 | — | $10,858 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $7,310 | — | $7,310 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $201,295
- Estimated Expense Ratio: 0.378% 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 | $201,295 | $99,603 | — | — | — |
| 2023 | $164,581 | $1,221 | — | — | — |
| 2022 | $161,339 | — | $161,339 | — | — |