Plan Snapshot
- Plan Sponsor: Atlantic Dialysis Management Service LLC
- Sponsor EIN: 113393361
- Sponsor Address: 23-14 COLLEGE POINT BLVD., COLLEGE POINT, NY, 11356
- Plan Type: 401(k)
- Total Participants: 450
- Total Assets: $26.4M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 450 | $26.4M | $620,950 | $2.4M |
| 2023 | 446 | $23.0M | $546,500 | $2.0M |
| 2022 | 459 | $19.6M | $572,654 | $1.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $102,439 | — | $102,439 |
| UB PENSIONS | CONTRACT ADMINISTRATOR | $14,325 | $29,177 | $43,502 |
| WAGNER,FERBER,FINE & ACKERMAN PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,941
- Estimated Expense Ratio: 0.553% 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 | $116,764 | — | $116,764 | — | — |
| 2023 | $107,608 | — | $107,608 | — | — |
| 2022 | $101,034 | $5,638 | $95,396 | — | — |