Plan Snapshot
- Plan Sponsor: Hospital Billing & Collection Service
- Sponsor EIN: 222559860
- Sponsor Address: 118 LUKENS DRIVE, NEW CASTLE, DE, 197202727
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 577
- Total Assets: $29.5M
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. |
|---|---|---|---|---|
| 2023 | 577 | $29.5M | $1.1M | $2.1M |
| 2022 | 544 | $24.6M | $1.4M | $1.9M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENTS LLC | Investment Advisor | $122,219 | — | $122,219 |
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $7,483 | — | $7,483 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER INVESTMENTS LLC — Investment Advisor
- LINCOLN NATIONAL CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,702
- Estimated Expense Ratio: 0.440% 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 |
|---|---|---|---|---|---|
| 2023 | $129,702 | — | $129,702 | — | — |
| 2022 | $37,616 | — | $5,314 | — | $32,302 |