Plan Snapshot
- Plan Sponsor: Hospice Of The Chesapeake, INC.
- Sponsor EIN: 521181448
- Sponsor Address: 90 RITCHIE HWY, PASAADENA, MD, 211224303
- Plan Type: 401(k)
- Total Participants: 350
- Total Assets: $15.4M
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 | 350 | $15.4M | $538,071 | $1.6M |
| 2023 | 290 | $17.1M | $405,878 | $1.4M |
| 2022 | 330 | $15.3M | $445,364 | $1.4M |
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 |
|---|---|---|---|---|
| ROGERS WEALTH GROUP | NONE | $90,652 | — | $90,652 |
| MUTUAL OF AMERICA INVESTMENT CORP | RECORD KEEPER | $586 | $7,494 | $8,080 |
| MULLEN, SONDBERG, WIMBISH, & STONE | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,732
- Estimated Expense Ratio: 0.642% 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 | $104,106 | $91,013 | — | — | — |
| 2023 | $4,165 | — | — | — | — |
| 2022 | $4,851 | — | — | — | — |