Plan Snapshot
- Plan Sponsor: West River Health Service Foundation And Subsidiaries
- Sponsor EIN: 450411825
- Sponsor Address: 1000 HWY 12, HETTINGER, ND, 58639
- Plan Type: 403(b)
- Total Participants: 300
- Total Assets: $27.4M
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 | 300 | $27.4M | $463,996 | $860,819 |
| 2023 | 288 | $25.3M | $448,350 | $844,545 |
| 2022 | 293 | $24.3M | $452,130 | $853,985 |
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 |
|---|---|---|---|---|
| FRANCIS INVESTMENT COUNSEL LLC | NONE | $35,083 | — | $35,083 |
| AMERICAN UNITED LIFE INSURANCE CO | NONE | $26,733 | — | $26,733 |
| MICHAEL L ANDERSON & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MICHAEL L ANDERSON & ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,816
- Estimated Expense Ratio: 0.225% 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 | $66,575 | $35,083 | $31,492 | — | — |
| 2023 | $69,389 | $39,870 | $29,519 | — | — |
| 2022 | $51,093 | $39,997 | $11,096 | — | — |