Plan Snapshot
- Plan Sponsor: Meridian Behavioral Healthcare, INC.
- Sponsor EIN: 591906214
- Sponsor Address: 1565 SW WILLISTON ROAD, GAINSEVILLE, FL, 32608
- Plan Type: 403(b)
- Total Participants: 658
- Total Assets: $12.1M
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 | 658 | $12.1M | $771,290 | $1.4M |
| 2023 | 629 | $10.6M | $495,317 | $1.1M |
| 2022 | 640 | $10.3M | $375,101 | $805,513 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $48,826 | — | $48,826 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR / INVESTMENT MGMT | $37,700 | — | $37,700 |
| PURVIS, GRAY & COMPANY | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,526
- Estimated Expense Ratio: 0.718% 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 | $89,476 | $37,700 | — | — | — |
| 2023 | $69,584 | $34,767 | — | — | — |
| 2022 | $64,403 | — | $64,403 | — | — |