Plan Snapshot
- Plan Sponsor: Healthport, INC.
- Sponsor EIN: 521976585
- Sponsor Address: 208 EAST MAIN STREET, SUITE C, SALISBURY, MD, 21801
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 186
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 186 | $5.7M | $0 | $0 |
| 2024 | 143 | $4.8M | $426,809 | $496,122 |
| 2023 | 128 | $4.2M | $404,338 | $440,968 |
| 2022 | 126 | $3.0M | $362,327 | $399,605 |
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 |
|---|---|---|---|---|
| ADP, INC | Recordkeeper | $32,145 | — | $32,145 |
| CETERA ADVISORS | Investment Advisor | $18,112 | — | $18,112 |
| POLLARD & ASSOCIATES, INC. | Recordkeeper | $7,894 | — | $7,894 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,151
- Estimated Expense Ratio: 1.015% 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 | $904,709 | — | $32,145 | — | — |
| 2024 | $54,919 | — | $31,845 | — | — |
| 2023 | $37,867 | — | — | — | — |
| 2022 | $36,525 | — | $8,069 | — | — |