# Qhr Health, LLC Dba Ovation Healthcare 401(k) Plan
Source: https://planprovider.pro/companies/quorum-health-resources-llc-401k-plan

> Qhr Health, LLC Dba Ovation Healthcare's 401(k) plan: 1,121 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Qhr Health, LLC Dba Ovation Healthcare

- **Sponsor EIN:** 621742954

- **Sponsor Address:** 1573 MALLORY LANE, BRENTWOOD, TN, 37027

- **Plan Type:** 401(k)

- **Total Participants:** 1,121

- **Total Assets:** $37.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|1,121|$37.2M|$581,546|$3.9M|

| 2023|701|$30.1M|$517,984|$2.4M|

| 2022|553|$24.6M|$0|$1.9M|

## 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|CONTRACT ADMINISTRATOR|$109,317|—|$109,317|

| TOWERS WATSON INVESTMENT SERVICES,|INVESTMENT ADVISORY|—|$50,218|$50,218|

| LBMC, PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LBMC, PC](https://planprovider.pro/provider/lbmc-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $159,535

- **Estimated Expense Ratio:** 0.428% 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|$109,318|—|$109,318|—|—|

| 2023|$70,082|—|$70,082|—|—|

| 2022|$66,281|—|$66,281|—|—|

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