Plan Snapshot
- Plan Sponsor: Morristown-Hamblen Hospital Association
- Sponsor EIN: 620545814
- Sponsor Address: 908 WEST FOURTH NORTH STREET, MORRISTOWN, TN, 378143894
- Plan Type: 401(k)
- Total Participants: 952
- Total Assets: $37.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 952 | $37.7M | $684,658 | $1.9M |
| 2023 | 691 | $33.9M | $593,810 | $1.6M |
| 2022 | 650 | $29.0M | $513,076 | $1.3M |
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 |
|---|---|---|---|---|
| PYA, P.C. | Auditor | $11,118 | — | $11,118 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,118
- Estimated Expense Ratio: 0.030% 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 | $24,195 | — | — | $11,118 | — |
| 2023 | $27,498 | — | — | $10,699 | — |
| 2022 | $29,138 | — | — | — | — |