Plan Snapshot
- Plan Sponsor: Southern Illinois Healthcare Foundation, INC. Dba Sihf Healthcare
- Sponsor EIN: 371158318
- Sponsor Address: 6010 BOND AVENUE, CENTREVILLE, IL, 622072328
- Plan Type: 401(k)
- Total Participants: 1,020
- Total Assets: $70.5M
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 | 1,020 | $70.5M | $2.0M | $4.1M |
| 2023 | 894 | $64.8M | $1.7M | $3.5M |
| 2022 | 847 | $57.6M | $1.6M | $3.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $190,332 | — | $190,332 |
| RAYMOND JAMES & ASSOCIATES, INC. | Investment Advisor | — | $97,494 | $97,494 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES & ASSOCIATES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $287,826
- Estimated Expense Ratio: 0.408% 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 | $190,333 | — | $190,333 | — | — |
| 2023 | $165,774 | — | $165,774 | — | — |
| 2022 | $162,853 | — | $162,853 | — | — |