Plan Snapshot
- Plan Sponsor: Hpffa Medical Trust 341
- Sponsor EIN: 760131118
- Sponsor Address: 1907 FREEMAN STREET, HOUSTON, TX, 770098334
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,497
- Total Assets: $17.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,497 | $17.4M | $17.1M | $2.1M |
| 2023 | 1,579 | $2.1M | $0 | $2.1M |
| 2022 | 1,640 | $2.2M | $0 | $2.1M |
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 |
|---|---|---|---|---|
| BOON CHAPMANS | Other Service Provider | $251,047 | — | $251,047 |
| MELTON & MELTON, L.L.P. | Auditor | $33,450 | — | $33,450 |
| EDWARD JONES | Custodian / Trustee | $22,352 | — | $22,352 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MELTON & MELTON, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $306,849
- Estimated Expense Ratio: 1.767% 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 | $2,316,940 | $22,352 | $9,679 | — | — |
| 2023 | $347,633 | $23,147 | $7,755 | — | — |
| 2022 | $367,910 | $27,692 | $2,581 | — | $45,563 |