Plan Snapshot
- Plan Sponsor: Coastal Pediatric Associates, PA
- Sponsor EIN: 208329907
- Sponsor Address: 4975 LACROSS ROAD, NORTH CHARLESTON, SC, 29406
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 156 | $6.1M | $121,695 | $264,974 |
| 2023 | 181 | $6.3M | $495,310 | $690,372 |
| 2022 | 222 | $5.7M | $387,313 | $687,714 |
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 INSURANCE COMPANY | Recordkeeper | $21,742 | — | $21,742 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $13,824 | — | $13,824 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,566
- Estimated Expense Ratio: 0.583% 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 | $37,716 | — | — | — | — |
| 2023 | $31,999 | — | — | — | — |
| 2022 | $49,503 | $6,535 | $41,646 | — | $1,322 |