Plan Snapshot
- Plan Sponsor: The Children'S Hospital Of Alabama
- Sponsor EIN: 630307306
- Sponsor Address: 1600 7TH AVE S, BIRMINGHAM, AL, 352331711
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 7,349
- Total Assets: $722.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 7,349 | $722.2M | $0 | $0 |
| 2024 | 5,592 | $618.0M | $12.2M | $29.0M |
| 2023 | 5,422 | $544.4M | $11.6M | $27.1M |
| 2022 | 5,230 | $456.9M | $10.6M | $24.8M |
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 | $380,492 | — | $380,492 |
| CAP FINANCIAL PARTNERS, LLC | Investment Advisor | $86,444 | — | $86,444 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $76,582 | — | $76,582 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $543,518
- Estimated Expense Ratio: 0.075% 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 |
|---|---|---|---|---|---|
| 2025 | $57,874,577 | $132,361 | $1,200 | — | — |
| 2024 | $511,746 | $114,729 | $1,500 | — | — |
| 2023 | $351,686 | $169,529 | $1,200 | — | — |
| 2022 | -$190,350 | $23,448 | — | — | — |