Plan Snapshot
- Plan Sponsor: Hs1 Medical Management, INC.
- Sponsor EIN: 650622851
- Sponsor Address: 2001 SOUTH ANDREWS AVENUE, FORT LAUDERDALE, FL, 33316
- Plan Type: 401(k)
- Total Participants: 346
- Total Assets: $21.6M
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 | 346 | $21.6M | $956,106 | $1.8M |
| 2023 | 228 | $10.6M | $573,799 | $915,113 |
| 2022 | 199 | $8.4M | $507,677 | $839,453 |
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 |
|---|---|---|---|---|
| NPPG PLAN PROFESSIONALS LLC | INVESTMENT ADVISORY - PLA | $33,018 | — | $33,018 |
| TRANSAMERICA FINANCIAL LIFE INSURAN | RECORDKEEPER | $9,347 | — | $9,347 |
| NATIONAL PROFESSIONAL PLANNING GROU | RECORDKEEPER | $8,853 | — | $8,853 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INSURAN — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,218
- Estimated Expense Ratio: 0.237% 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 | $10,654 | — | -$24,094 | — | — |
| 2023 | $12,436 | $12,436 | — | — | — |
| 2022 | $36,409 | — | $36,409 | — | — |