Plan Snapshot
- Plan Sponsor: Sid Peterson Memorial Hospital
- Sponsor EIN: 742557820
- Sponsor Address: 551 HILL COUNTRY DRIVE, KERRVILLE, TX, 780285301
- Plan Type: 401(k)
- Total Participants: 1,298
- Total Assets: $67.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,298 | $67.3M | $1.2M | $5.2M |
| 2023 | 1,277 | $60.0M | $1.1M | $4.6M |
| 2022 | 1,227 | $49.1M | $939,509 | $3.9M |
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 |
|---|---|---|---|---|
| LANE GORMAN TRIBITT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LANE GORMAN TRIBITT, LLC — Auditor
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 | $215,237 | $7,947 | — | — | — |
| 2023 | $170,928 | $4,626 | — | — | — |
| 2022 | $165,459 | $111,570 | $51,868 | — | — |