Plan Snapshot
- Plan Sponsor: Senior Health Properties - South INC
- Sponsor EIN: 311571683
- Sponsor Address: TWO BALA PLAZA, NO. 300, BALA CYNWYD, PA, 19004
- Plan Type: 401(k)
- Total Participants: 482
- Total Assets: $2.5M
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 | 482 | $2.5M | $0 | $237,743 |
| 2023 | 590 | $2.3M | $0 | $238,491 |
| 2022 | 547 | $2.0M | $31 | $241,802 |
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 |
|---|---|---|---|---|
| MSL, P.A. | 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 | $221,214 | — | $21,199 | — | — |
| 2023 | $195,313 | — | $20,625 | — | — |
| 2022 | $22,250 | $7 | — | — | — |