Plan Snapshot
- Plan Sponsor: Methodist Children'S Home
- Sponsor EIN: 741109750
- Sponsor Address: 1111 HERRING AVENUE, WACO, TX, 76708
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 486
- Total Assets: $24.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 486 | $24.1M | $0 | $0 |
| 2024 | 364 | $20.4M | $1.0M | $827,606 |
| 2023 | 299 | $19.6M | $950,847 | $751,345 |
| 2022 | 293 | $17.2M | $1.0M | $805,265 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $69,443 | — | $69,443 |
| WINNOW WEALTH, LLC | Investment Advisor | $43,258 | — | $43,258 |
| PB&H BENEFITS | Recordkeeper | $26,570 | — | $26,570 |
| LEAFHOUSE FINANCIAL ADVISORS | Investment Advisor | $10,815 | — | $10,815 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,086
- Estimated Expense Ratio: 0.623% 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 |
|---|---|---|---|---|---|
| 2025 | $1,600,355 | — | — | — | — |
| 2024 | $102,632 | — | — | — | — |
| 2023 | $88,146 | — | — | — | — |
| 2022 | $76,858 | — | $11,541 | — | — |