# Liberty Healthcare Management, INC. 401(k) Plan
Source: https://planprovider.pro/companies/liberty-healthcare-management-inc-401k-plan

> Liberty Healthcare Management, INC.'s 401(k) plan: 7,263 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Liberty Healthcare Management, INC.

- **Sponsor EIN:** 562116528

- **Sponsor Address:** 2334 S. 41ST STREET, WILMINGTON, NC, 28403

- **Plan Type:** 401(k)

- **Total Participants:** 7,263

- **Total Assets:** $95.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|7,263|$95.6M|$1.8M|$11.2M|

| 2023|6,111|$80.6M|$1.7M|$9.8M|

| 2022|5,641|$65.7M|$1.4M|$8.9M|

## 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|

| CHERRY BEKAERT LLP|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|$463,933|$97,465|—|—|—|

| 2023|$413,083|—|—|—|—|

| 2022|$391,611|—|—|—|—|

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