Plan Snapshot
- Plan Sponsor: Peoples Community Health Clinic, INC.
- Sponsor EIN: 421058629
- Sponsor Address: 905 FRANKLIN STREET, WATERLOO, IA, 50703
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $18.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 152 | $18.4M | $532,860 | $602,094 |
| 2023 | 147 | $18.0M | $536,640 | $576,471 |
| 2022 | 149 | $15.6M | $483,721 | $508,938 |
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 |
|---|---|---|---|---|
| REGIONS BANK DBA REGIONS TRUST | TRUSTEE | $41,527 | — | $41,527 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $19,575 | — | $19,575 |
| HOGAN - HANSEN, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,102
- Estimated Expense Ratio: 0.332% 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 | $61,102 | — | — | — | — |
| 2023 | $56,048 | — | — | — | — |
| 2022 | $57,321 | — | $18,671 | — | $38,650 |