Plan Snapshot
- Plan Sponsor: Birmingham Heart Clinic, PC
- Sponsor EIN: 631119002
- Sponsor Address: 100 PILOT MEDICAL DRIVE, BIRMINGHAM, AL, 35235
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $18.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 122 | $18.6M | $1.2M | $549,784 |
| 2023 | 110 | $19.4M | $1.2M | $509,990 |
| 2022 | 100 | $16.3M | $987,830 | $490,161 |
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 |
|---|---|---|---|---|
| APRIO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- APRIO LLP — Auditor
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 | $159,000 | — | $159,000 | — | — |
| 2023 | $92,809 | — | $92,809 | — | — |
| 2022 | $129,844 | $79,938 | $49,906 | — | — |