Plan Snapshot
- Plan Sponsor: American Physician Partners
- Sponsor EIN: 472968086
- Sponsor Address: 5121 MARYLAND WAY, BRENTWOOD, TN, 37027
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $1,089
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. |
|---|---|---|---|---|
| 2023 | 0 | $1,089 | $378,703 | $7.2M |
| 2022 | 1,557 | $49.8M | $454,391 | $10.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS. CO. | Recordkeeper | $190,989 | — | $190,989 |
| ACUFF & ASSOCIATES INC | Recordkeeper | $115,567 | — | $115,567 |
| GALLAGHER BENEFIT SERVICES | Investment Advisor | $64,690 | — | $64,690 |
| LBMC PC | Auditor | $30,562 | — | $30,562 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $401,808
- Estimated Expense Ratio: 36896.970% 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 |
|---|---|---|---|---|---|
| 2023 | $485,175 | $65,796 | $115,567 | $30,562 | — |
| 2022 | $162,116 | $127,152 | $30,689 | — | — |