Plan Snapshot
- Plan Sponsor: Mental Health Services For Homeless Persons, INC.
- Sponsor EIN: 341607734
- Sponsor Address: 1744 PAYNE AVENUE, CLEVELAND, OH, 44114
- Plan Type: 403(b)
- Total Participants: 307
- Total Assets: $11.2M
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 | 307 | $11.2M | $156,269 | $660,405 |
| 2023 | 325 | $9.8M | $180,730 | $578,592 |
| 2022 | 326 | $8.8M | $221,700 | $550,702 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $53,678 | — | $53,678 |
| EVERHART ADVISORS | Investment Advisor | $23,892 | — | $23,892 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
- EVERHART ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,570
- Estimated Expense Ratio: 0.696% 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 | $77,571 | $23,892 | $53,679 | — | — |
| 2023 | $79,074 | $21,468 | $57,606 | — | — |
| 2022 | $74,552 | — | $74,552 | — | — |