Plan Snapshot
- Plan Sponsor: Schmidt Wallace Healthcare Management Company
- Sponsor EIN: 631278870
- Sponsor Address: 100 PERRY HILL ROAD, MONTGOMERY, AL, 361093630
- Plan Type: 401(k)
- Total Participants: 875
- Total Assets: $19.1M
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 | 875 | $19.1M | $753,952 | $1.2M |
| 2023 | 818 | $17.6M | $716,167 | $1.1M |
| 2022 | 1,051 | $15.5M | $666,520 | $1.0M |
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 |
|---|---|---|---|---|
| CARR RIGGS AND INGRAM | 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 | $140,767 | — | $140,767 | — | — |
| 2023 | $117,352 | — | $117,352 | — | — |
| 2022 | $113,995 | — | $113,995 | — | — |