Plan Snapshot
- Plan Sponsor: Summit Healthcare Management LLC
- Sponsor EIN: 462684904
- Sponsor Address: 501 CORPORATE CENTRE DRIVE, FRANKLIN, TN, 37067
- Plan Type: 401(k)
- Total Participants: 4,489
- Total Assets: $23.6M
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 | 4,489 | $23.6M | $778,330 | $7.0M |
| 2023 | 3,947 | $15.2M | $0 | $5.8M |
| 2022 | 3,391 | $9.3M | $0 | $4.2M |
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 |
|---|---|---|---|---|
| LBMC PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC PC — Auditor
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 | $85,163 | — | — | — | — |
| 2023 | $128,148 | — | — | — | — |
| 2022 | $31,474 | — | — | — | — |