Plan Snapshot
- Plan Sponsor: Riggs Community Health Center, I
- Sponsor EIN: 351965865
- Sponsor Address: 1716 HARTFORD STREET, LAFAYETTE, IN, 47904
- Plan Type: 401(k)
- Total Participants: 163
- Total Assets: $4.8M
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 | 163 | $4.8M | $264,145 | $585,067 |
| 2023 | 130 | $4.3M | $216,501 | $474,820 |
| 2022 | 161 | $3.1M | $202,609 | $401,827 |
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 |
|---|---|---|---|---|
| BLUE & CO. | Auditor | $3,059 | — | $3,059 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLUE & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,059
- Estimated Expense Ratio: 0.064% 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 | $30,565 | $22,148 | — | $3,059 | — |
| 2023 | $31,074 | $14,875 | $16,199 | — | — |
| 2022 | $25,519 | — | $25,519 | — | — |