Plan Snapshot
- Plan Sponsor: Sentara Health
- Sponsor EIN: 521271901
- Sponsor Address: 1330 SENTARA PARK, THIRD FLOOR, VIRGINIA BEACH, VA, 23464
- Plan Type: DC
- Total Participants: 21,103
- Total Assets: $159.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 21,103 | $159.8M | $31.9M | $0 |
| 2023 | 17,694 | $121.5M | $23.3M | $0 |
| 2022 | 13,430 | $89.3M | $17.4M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $313,898 | — | $313,898 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $17,780 | — | $17,780 |
| PBMARES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- PBMARES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $331,678
- Estimated Expense Ratio: 0.208% 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 | $331,664 | $19,166 | $312,198 | — | — |
| 2023 | $240,887 | $13,413 | $227,474 | — | — |
| 2022 | $157,130 | $145,719 | $11,411 | — | — |