Plan Snapshot
- Plan Sponsor: Mental Health Resources, INC.
- Sponsor EIN: 850247111
- Sponsor Address: 1100 W. 21ST, CLOVIS, NM, 88101
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 46
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 46 | $0 | $0 | $0 |
| 2024 | 50 | $0 | $431,139 | $128,948 |
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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES, INC | Insurance Carrier | $35,040 | — | $35,040 |
| IMS MARKETING, INC. | Recordkeeper | $29,842 | — | $29,842 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,882
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 | $1,015,280 | — | $80,201 | — | — |
| 2024 | $85,393 | — | $85,393 | — | — |