Plan Snapshot
- Plan Sponsor: Lubbock Heart Hospital, LP
- Sponsor EIN: 510436196
- Sponsor Address: 4810 NORTH LOOP 289, LUBBOCK, TX, 79416
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 397
- Total Assets: $21.9M
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. |
|---|---|---|---|---|
| 2023 | 397 | $21.9M | $516,594 | $1.6M |
| 2022 | 382 | $17.4M | $457,930 | $1.4M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SRVCS | Recordkeeper | $80,816 | — | $80,816 |
| CAMBRIDGE INVESTMENT RESEARCH, INC. | Other Service Provider | $45,087 | — | $45,087 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SRVCS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,903
- Estimated Expense Ratio: 0.575% 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 |
|---|---|---|---|---|---|
| 2023 | $125,903 | $45,087 | $80,816 | — | — |
| 2022 | $126,192 | $45,109 | $81,083 | — | — |