Plan Snapshot
- Plan Sponsor: Knoxville Hospital And Clinics
- Sponsor EIN: 421087612
- Sponsor Address: 1002 S LINCOLN, KNOXVILLE, IA, 50138
- Plan Type: DC
- Total Participants: 329
- Total Assets: $17.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 329 | $17.3M | $732,878 | $1.2M |
| 2023 | 280 | $14.4M | $575,189 | $1.0M |
| 2022 | 282 | $11.8M | $504,833 | $998,813 |
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 |
|---|---|---|---|---|
| THE FINWAY GROUP | Other Service Provider | $49,106 | — | $49,106 |
| OSAIC WEALTH INC | Investment Advisor | $39,172 | — | $39,172 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $32,209 | — | $32,209 |
| WORLD INVESTMENT ADVISORS | Other Service Provider | $7,882 | — | $7,882 |
| WOODBURY FINANCIAL SERVICES INC | Investment Advisor | $7,158 | — | $7,158 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,937 | — | $5,937 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,464
- Estimated Expense Ratio: 0.816% 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 | $131,969 | — | $131,969 | — | — |
| 2023 | $110,714 | — | $110,714 | — | — |
| 2022 | $109,522 | — | — | — | $109,522 |