Plan Snapshot
- Plan Sponsor: Providence Medical Group
- Sponsor EIN: 352095108
- Sponsor Address: 2723 SOUTH 7TH STREET, SUITE A, TERRE HAUTE, IN, 478023558
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 127 | $22.9M | $303,481 | $600,210 |
| 2023 | 128 | $19.6M | $296,744 | $592,092 |
| 2022 | 118 | $18.4M | $301,190 | $605,328 |
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 |
|---|---|---|---|---|
| PILE CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $120,274 | — | — | — | — |
| 2023 | $98,940 | — | — | — | — |
| 2022 | $100,405 | — | — | — | — |