Plan Snapshot
- Plan Sponsor: Valley-Wide Health Systems, INC.
- Sponsor EIN: 840706945
- Sponsor Address: 128 MARKET ST, ALAMOSA, CO, 811012290
- Plan Type: 403(b)
- Total Participants: 554
- Total Assets: $30.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 554 | $30.2M | $1.1M | $2.5M |
| 2023 | 612 | $26.5M | $1.1M | $2.4M |
| 2022 | 480 | $17.4M | $783,388 | $1.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $138,068 | — | $138,068 |
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | — | $52,818 | $52,818 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $190,886
- Estimated Expense Ratio: 0.633% 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 | $138,068 | — | $138,068 | — | — |
| 2023 | $109,778 | — | $109,778 | — | — |
| 2022 | $90,630 | — | $90,630 | — | — |