Plan Snapshot
- Plan Sponsor: Sonic Healthcare Usa, INC.
- Sponsor EIN: 208907334
- Sponsor Address: 3800 QUICK HILL ROAD, AUSTIN, TX, 78728
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 9,544
- Total Assets: $587.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 9,544 | $587.8M | $13.3M | $31.1M |
| 2023 | 7,878 | $521.3M | $14.9M | $29.7M |
| 2022 | 7,170 | $379.6M | $11.0M | $24.5M |
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 | $266,011 | — | $266,011 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $68,764 | — | $68,764 |
| GALLAGHER BENEFIT SERVICES, INC | Investment Advisor | $60,000 | — | $60,000 |
| BAKER TILLY US, LLP | Auditor | $27,850 | — | $27,850 |
| HAWLEY TROXELL | ERISA Attorney | $23,605 | — | $23,605 |
| WEAVER AND TIDWELL LLP | Auditor | $13,905 | — | $13,905 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- GALLAGHER BENEFIT SERVICES, INC — Investment Advisor
- BAKER TILLY US, LLP — Auditor
- WEAVER AND TIDWELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $460,135
- Estimated Expense Ratio: 0.078% 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 | $460,135 | $128,764 | $300 | $41,755 | — |
| 2023 | $492,825 | $158,626 | $3,600 | $34,485 | — |
| 2022 | $419,493 | $10,600 | — | — | — |