Plan Snapshot
- Plan Sponsor: Southeastern Indiana Medical Holdings, INC.
- Sponsor EIN: 352103592
- Sponsor Address: 2400 EAST 17TH STREET, COLUMBUS, IN, 47201
- Plan Type: 401(k)
- Total Participants: 287
- Total Assets: $29.5M
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 | 287 | $29.5M | $1.0M | $1.5M |
| 2023 | 294 | $26.3M | $1.0M | $1.4M |
| 2022 | 263 | $20.3M | $885,971 | $1.3M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $37,468 | — | $37,468 |
| FORVIS MAZARS | AUDITOR | $23,100 | — | $23,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- FORVIS MAZARS — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,568
- Estimated Expense Ratio: 0.205% 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 | $60,568 | — | $37,468 | $23,100 | — |
| 2023 | $46,125 | — | $34,625 | $11,500 | — |
| 2022 | $47,811 | — | $35,561 | — | $12,250 |