Plan Snapshot
- Plan Sponsor: Specialtycare, INC.
- Sponsor EIN: 208825842
- Sponsor Address: 3 MARYLAND FARMS, BRENTWOOD, TN, 37027
- Plan Type: 401(k)
- Total Participants: 2,030
- Total Assets: $241.4M
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 | 2,030 | $241.4M | $5.1M | $16.2M |
| 2023 | 1,814 | $215.5M | $5.1M | $15.3M |
| 2022 | 1,821 | $175.8M | $5.1M | $15.5M |
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 | $134,242 | — | $134,242 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $87,116 | — | $87,116 |
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $46,000 | — | $46,000 |
| LBMC,PC | ACCOUNTANT/AUDITOR | $16,000 | — | $16,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- MMA SECURITIES LLC — INVESTMENT ADVISOR
- LBMC,PC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $283,358
- Estimated Expense Ratio: 0.117% 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 | $283,358 | $87,116 | $300 | $16,000 | — |
| 2023 | $271,995 | $71,872 | — | $15,000 | — |
| 2022 | $282,413 | $61,003 | — | — | — |