# Mental Health Partnerships 403(b) Plan
Source: https://planprovider.pro/companies/mental-health-partnerships-231425035-002

> Mental Health Partnerships's 403(b) plan: 183 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mental Health Partnerships

- **Sponsor EIN:** 231425035

- **Sponsor Address:** 833 CHESTNUT STREET SUITE 1100, PHILADELPHIA, PA, 19107

- **Plan Type:** 403(b)

- **Plan Number:** 002

- **Total Participants:** 183

- **Total Assets:** $6.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **Allows Roth Contributions:** No

- **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|183|$6.5M|$186,350|$287,191|

| 2023|172|$5.9M|$159,753|$265,975|

| 2022|150|$5.3M|$154,604|$265,877|

## 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|

| BENEFIT PLANS ADMINISTRATIVE SVCS|Recordkeeper|$35,329|—|$35,329|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BENEFIT PLANS ADMINISTRATIVE SVCS](https://planprovider.pro/provider/bpas) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $35,329

- **Estimated Expense Ratio:** 0.540% 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|$58,747|$12,070|—|—|—|

| 2023|$50,643|$10,730|—|—|—|

| 2022|$47,395|$41,914|—|—|—|

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