Plan Snapshot
- Plan Sponsor: Independent Healthcare Properties, LLC
- Sponsor EIN: 621684247
- Sponsor Address: PO BOX 813, OOLTEWAH, TN, 37363
- Plan Type: 401(k)
- Total Participants: 2,584
- Total Assets: $11.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,584 | $11.9M | $571,087 | $1.1M |
| 2023 | 1,044 | $10.0M | $489,550 | $906,604 |
| 2022 | 745 | $9.4M | $471,495 | $760,469 |
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 |
|---|---|---|---|---|
| HENDERSON HUTCHERSON & MCCULLOUGH | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $48,655 | $2,320 | — | — | — |
| 2023 | $49,000 | $1,401 | — | — | — |
| 2022 | $51,493 | $591 | — | — | — |