Plan Snapshot
- Plan Sponsor: River Healthcare, INC.
- Sponsor EIN: 721275395
- Sponsor Address: 15475 AIRLINE HWY, BATON ROUGE, LA, 708177314
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $5.0M
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. |
|---|---|---|---|---|
| 2023 | 165 | $5.0M | $302,135 | $606,325 |
| 2022 | 165 | $4.7M | $336,153 | $525,344 |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | Investment Advisor | $30,654 | — | $30,654 |
| PENTEGRA SERVICES INC. | Other Service Provider | $28,156 | — | $28,156 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $23,418 | — | $23,418 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,228
- Estimated Expense Ratio: 1.631% 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 |
|---|---|---|---|---|---|
| 2023 | $39,181 | — | $39,181 | — | — |
| 2022 | $38,829 | — | $38,829 | — | — |