Plan Snapshot
- Plan Sponsor: Idaho Gastroenterology Associates, LLP
- Sponsor EIN: 820492308
- Sponsor Address: 425 W. BANNOCK STREET, BOISE, ID, 83702
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $13.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 109 | $13.2M | $762,204 | $630,828 |
| 2023 | 94 | $13.4M | $745,427 | $664,032 |
| 2022 | 79 | $11.5M | $687,766 | $560,016 |
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 |
|---|---|---|---|---|
| WELLS FARGO FINANCIAL NETWORK LLC | INVESTMENT ADVISOR | $26,200 | — | $26,200 |
| EMPOWER ANNUITY INSURANCE CO OF AM. | RECORDKEEPER | $17,676 | — | $17,676 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGER | $7,030 | — | $7,030 |
| SORREN CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,906
- Estimated Expense Ratio: 0.386% 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 | $55,429 | $33,229 | $6,158 | — | — |
| 2023 | $47,287 | $5,534 | $4,630 | — | — |
| 2022 | $45,901 | $25,716 | $20,185 | — | — |