Plan Snapshot
- Plan Sponsor: Zumbro Valley Health Center, INC.
- Sponsor EIN: 416052022
- Sponsor Address: 343 WOOD LAKE DRIVE SE, ROCHESTER, MN, 55904
- Plan Type: 401(k)
- Total Participants: 219
- Total Assets: $8.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 219 | $8.7M | $272,628 | $696,803 |
| 2023 | 238 | $8.1M | $263,944 | $695,910 |
| 2022 | 213 | $7.0M | $228,636 | $622,638 |
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 |
|---|---|---|---|---|
| SMITH SCHAFER AND ASSOCIATES LTD | 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 | $162,941 | — | $162,941 | — | — |
| 2023 | $24,232 | — | $24,232 | — | — |
| 2022 | $21,845 | — | $21,845 | — | — |