Plan Snapshot
- Plan Sponsor: Reid Hospital & Health Care Services, INC.
- Sponsor EIN: 350892672
- Sponsor Address: 1100 REID PARKWAY, RICHMOND, IN, 47374
- Plan Type: 403(b)
- Total Participants: 3,178
- Total Assets: $214.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,178 | $214.1M | $8.0M | $12.2M |
| 2023 | 3,168 | $185.5M | $8.1M | $12.2M |
| 2022 | 2,871 | $151.7M | $7.4M | $11.6M |
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 |
|---|---|---|---|---|
| NYHART | NONE | $322,378 | — | $322,378 |
| MORGAN STANLEY WEALTH MANAGEMENT | NONE | $100,000 | — | $100,000 |
| CHARLES SCHWAB TRUST BANK | NONE | $46,559 | — | $46,559 |
| ALLWORTH FINANCIAL MANAGEMENT | NONE | $29,395 | — | $29,395 |
| FORVIS MAZARS, LLP | NONE | $28,350 | — | $28,350 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY WEALTH MANAGEMENT — NONE
- CHARLES SCHWAB TRUST BANK — NONE
- FORVIS MAZARS, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $526,682
- Estimated Expense Ratio: 0.246% 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 | $526,683 | $129,395 | $322,378 | $28,350 | — |
| 2023 | $518,681 | $206,550 | $244,564 | $27,195 | — |
| 2022 | $607,472 | $176,492 | — | — | $74,704 |