Plan Snapshot
- Plan Sponsor: New Horizon Family Health Services, INC.
- Sponsor EIN: 570932597
- Sponsor Address: 975 WEST FARIS ROAD, GREENVILLE, SC, 29605
- Plan Type: 403(b)
- Total Participants: 236
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 236 | $11.7M | $344,060 | $763,825 |
| 2023 | 221 | $9.8M | $283,123 | $660,869 |
| 2022 | 167 | $8.6M | $270,892 | $607,670 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INS CO | Recordkeeper | $21,795 | — | $21,795 |
| ASCENSUS INC | Recordkeeper | $3,975 | $17,570 | $21,545 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,340
- Estimated Expense Ratio: 0.371% 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 | $26,972 | — | $26,972 | — | — |
| 2023 | $33,192 | — | $33,192 | — | — |
| 2022 | $37,618 | — | $37,618 | — | — |