Plan Snapshot
- Plan Sponsor: Mental Health Cooperative INC.
- Sponsor EIN: 582018687
- Sponsor Address: 275 CUMBERLAND BEND DRIVE, NASHVILLE, TN, 37228
- Plan Type: 403(b)
- Total Participants: 855
- Total Assets: $52.8M
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 | 855 | $52.8M | $2.0M | $4.2M |
| 2023 | 863 | $48.1M | $2.0M | $4.1M |
| 2022 | 775 | $38.3M | $1.9M | $3.7M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT | 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 | $100,341 | $80,451 | $19,890 | — | — |
| 2023 | $78,914 | $68,201 | $10,713 | — | — |
| 2022 | $70,872 | $58,997 | $11,875 | — | — |