Plan Snapshot
- Plan Sponsor: Foundation Physicians Medical Group, INC.
- Sponsor EIN: 320221884
- Sponsor Address: 3400 DATA DRIVE, ATTN PHYSSVCS, RANCHO CORDOVA, CA, 95670
- Plan Type: 401(k)
- Total Participants: 303
- Total Assets: $116.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 303 | $116.7M | $5.9M | $6.8M |
| 2023 | 374 | $97.8M | $6.3M | $6.7M |
| 2022 | 372 | $71.0M | $5.3M | $5.8M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $31,257 | — | $31,257 |
| PKF, LLP | Other Service Provider | $19,950 | — | $19,950 |
| RESOURCES INVESTMENT ADVISORS LLC | Investment Advisor | $17,500 | — | $17,500 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $7,677 | — | $7,677 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
- RESOURCES INVESTMENT ADVISORS LLC — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,384
- Estimated Expense Ratio: 0.065% 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 | $78,672 | $31,257 | — | $19,950 | — |
| 2023 | $92,226 | $40,008 | — | $2,350 | — |
| 2022 | $81,230 | $31,627 | — | — | — |