Plan Snapshot
- Plan Sponsor: Mcpherson Hospital INC.
- Sponsor EIN: 480799105
- Sponsor Address: 1000 HOSPITAL DRIVE, MCPHERSON, KS, 67460
- Plan Type: 403(b)
- Total Participants: 407
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 407 | $15.9M | $470,867 | $1.1M |
| 2023 | 412 | $16.0M | $480,004 | $1.0M |
| 2022 | 385 | $13.9M | $494,171 | $1.0M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $76,528 | — | $76,528 |
| PRIME CAPITAL INVMT ADV | Investment Advisor | $30,952 | — | $30,952 |
| QUALIFIED PLAN ADVISORS | Other Service Provider | $24,747 | — | $24,747 |
| MORNINGSTAR | Investment Advisor | $11,415 | — | $11,415 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
- MORNINGSTAR — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,642
- Estimated Expense Ratio: 0.902% 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 | $143,641 | $42,367 | $101,274 | — | — |
| 2023 | $138,159 | $42,070 | $96,089 | — | — |
| 2022 | $97,638 | $21,296 | $76,342 | — | — |