Plan Snapshot
- Plan Sponsor: Richford Health Center, INC.
- Sponsor EIN: 030215982
- Sponsor Address: 44 MAIN STREET, SUITE 200, RICHFORD, VT, 05476
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $12.6M
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 | 196 | $12.6M | $554,129 | $1.1M |
| 2023 | 201 | $10.2M | $518,162 | $980,110 |
| 2022 | 155 | $9.1M | $404,764 | $810,741 |
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 |
|---|---|---|---|---|
| MCSOLEY MCCOY & CO | 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 | $13,168 | — | $13,168 | — | — |
| 2023 | $9,616 | — | $9,616 | — | — |
| 2022 | $8,076 | — | — | — | $8,076 |