# Springhill Medical Services INC. 401(k) Plan
Source: https://planprovider.pro/companies/springhill-medical-services-inc-401k-plan

> Springhill Medical Services INC.'s 401(k) plan: 188 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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