Plan Snapshot
- Plan Sponsor: Springhill Medical Services INC.
- Sponsor EIN: 721479692
- Sponsor Address: 2001 DOCTORS DR, SPRINGHILL, LA, 71075
- Plan Type: 401(k)
- Total Participants: 188
- Total Assets: $16.2M
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 | 188 | $16.2M | $342,149 | $541,342 |
| 2023 | 175 | $15.5M | $361,062 | $574,262 |
| 2022 | 189 | $13.6M | $351,045 | $553,978 |
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 |
|---|---|---|---|---|
| CARR,RIGGS,AND INGRAM, LLC | Auditor | — | — | $0 |
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 | $50,226 | $39,747 | $10,479 | — | — |
| 2023 | $45,239 | $35,735 | $9,504 | — | — |
| 2022 | $42,590 | $40,344 | $2,246 | — | — |