Plan Snapshot
- Plan Sponsor: Legacy Health Services
- Sponsor EIN: 341663174
- Sponsor Address: 12380 PLAZA DRIVE, PARMA, OH, 44130
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 3,835
- Total Assets: $35.3M
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. |
|---|---|---|---|---|
| 2025 | 3,835 | $35.3M | $0 | $0 |
| 2024 | 2,799 | $31.1M | $203,282 | $1.8M |
| 2023 | 1,767 | $28.4M | $193,353 | $1.7M |
| 2022 | 1,065 | $25.8M | $181,750 | $1.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $31,909 | — | $31,909 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $25,545 | — | $25,545 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,454
- Estimated Expense Ratio: 0.163% 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 |
|---|---|---|---|---|---|
| 2025 | $3,495,750 | $25,545 | — | — | — |
| 2024 | $52,451 | $22,890 | — | — | — |
| 2023 | $46,382 | $21,290 | — | — | — |
| 2022 | $74,123 | — | — | — | — |