Plan Snapshot
- Plan Sponsor: Osceola Community Hosptial INC.
- Sponsor EIN: 420890973
- Sponsor Address: 600 9TH AVE N, SIBLEY, IA, 51249
- Plan Type: 403(b)
- Total Participants: 131
- Total Assets: $4.3M
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 | 131 | $4.3M | $150,842 | $295,375 |
| 2023 | 122 | $4.5M | $143,012 | $266,413 |
| 2022 | 122 | $3.9M | $146,066 | $286,947 |
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 INS. CO. OF AMERICA | Recordkeeper | $35,272 | — | $35,272 |
| NORTHWESTERN MUTUAL WEALTH MGMT | Investment Advisor | — | $18,019 | $18,019 |
| THE FINWAY GROUP | Recordkeeper | $5,144 | $2,318 | $7,462 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,753
- Estimated Expense Ratio: 1.404% 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 | $38,702 | $3,326 | $63 | — | — |
| 2023 | $37,949 | $1,697 | $4,623 | — | — |
| 2022 | $28,874 | $28,874 | — | — | — |