Plan Snapshot
- Plan Sponsor: Norton Healthcare, INC.
- Sponsor EIN: 611028725
- Sponsor Address: 9500 ORMSBY STATION RD, LOUISVILLE, KY, 402234069
- Plan Type: DB
- Total Participants: 2,345
- Total Assets: $168.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 2,345 | $168.7M | $0 | $0 |
| 2023 | 2,555 | $170.8M | $0 | $0 |
| 2022 | 2,755 | $162.1M | $0 | $0 |
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 INSURANCE COMPANY | Recordkeeper | $611,120 | — | $611,120 |
| INCOME RESEARCH AND MANA | Recordkeeper | $244,309 | — | $244,309 |
| FIDUCIENT ADVISORS LLC | Investment Advisor | $133,548 | — | $133,548 |
| BNY MELLON | Recordkeeper | $58,229 | — | $58,229 |
| NORTON HEALTHCARE INC. | Auditor | $33,000 | — | $33,000 |
| CREATIVE PLANNING | Recordkeeper | $25,000 | — | $25,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTON HEALTHCARE INC. — Auditor
- CREATIVE PLANNING — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,105,206
- Estimated Expense Ratio: 0.655% 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 | $1,583,562 | $377,877 | $694,349 | $33,000 | — |
| 2023 | $1,623,146 | $430,347 | $683,755 | $32,500 | — |
| 2022 | $1,904,623 | $812,307 | $634,364 | — | — |