Plan Snapshot
- Plan Sponsor: American Renal Management LLC
- Sponsor EIN: 043527505
- Sponsor Address: 500 CUMMINGS CENTER, BEVERLY, MA, 01915
- Plan Type: 401(k)
- Total Participants: 4,516
- Total Assets: $133.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 4,516 | $133.9M | $2.6M | $17.4M |
| 2023 | 4,513 | $110.5M | $75 | $16.3M |
| 2022 | 4,620 | $90.9M | $0 | $14.6M |
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 |
|---|---|---|---|---|
| GALLAGHER FIDUCIARY ADVISORS, LLC | Other Service Provider | $56,780 | — | $56,780 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $31,383 | — | $31,383 |
| BAKER TILLY US, LLP | Auditor | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,163
- Estimated Expense Ratio: 0.073% 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 | $99,048 | $31,383 | $300 | — | — |
| 2023 | $87,160 | $29,130 | $300 | — | — |
| 2022 | $97,552 | $27,223 | — | — | — |