Plan Snapshot
- Plan Sponsor: Commonwealth Pain Associates, PLLC
- Sponsor EIN: 461507241
- Sponsor Address: 120 EXECUTIVE PARK, LOUISVILLE, KY, 40207
- Plan Type: DC
- Total Participants: 490
- Total Assets: $17.5M
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 | 490 | $17.5M | $928,473 | $1.6M |
| 2023 | 371 | $10.1M | $570,234 | $964,299 |
| 2022 | 250 | $7.5M | $493,212 | $812,534 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $27,506 | — | $27,506 |
| RETIREMENT MANAGEMENT SERVICES, LLC | TPA SERVICES | — | $6,191 | $6,191 |
| DEMING, MALONE, LIVESAY & OSTROFF | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,697
- Estimated Expense Ratio: 0.193% 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 | $57,133 | — | — | — | — |
| 2023 | $37,401 | — | — | — | — |
| 2022 | $48,767 | $36,207 | — | — | $12,560 |