Plan Snapshot
- Plan Sponsor: Advantmed, LLC
- Sponsor EIN: 320453942
- Sponsor Address: PO BOX 5328, IRVINE, CA, 92619
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 213
- Total Assets: $1.7M
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 | 213 | $1.7M | $704 | $356,481 |
| 2023 | 1,359 | $1.4M | $167,611 | $215,526 |
| 2022 | 611 | $792,699 | $0 | $137,588 |
| 2020 | 457 | $843,537 | $0 | $215,977 |
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 |
|---|---|---|---|---|
| FARBER HASS HURLEY LLP | 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 | $8,388 | — | $8,388 | — | — |
| 2023 | $112,529 | — | — | — | — |
| 2022 | $908 | — | $908 | — | — |
| 2020 | $4,937 | — | $4,937 | — | — |