Plan Snapshot
- Plan Sponsor: Independent Physicians Resource, INC.
- Sponsor EIN: 582287138
- Sponsor Address: 5665 NEW NORTHSIDE DRIVE, ATLANTA, GA, 30328
- Plan Type: 401(k)
- Total Participants: 1,606
- Total Assets: $84.4M
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 | 1,606 | $84.4M | $3.2M | $7.2M |
| 2023 | 1,255 | $66.8M | $2.7M | $5.8M |
| 2022 | 1,151 | $52.1M | $2.5M | $5.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $114,644 | — | $114,644 |
| ONEDIGITAL INVESTMENT AD | INVESTMENT ADVISORY | $101,250 | — | $101,250 |
| INDEPENDENT PHYSICIANS R | INVESTMENT ADVISORY | $17,000 | — | $17,000 |
| WINDHAM BRANNON LLC | ACCOUNTANT | $14,500 | — | $14,500 |
| FISHER INVESTMENTS | INV ADV, PARTICIPANTS | $14,056 | — | $14,056 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT AD — INVESTMENT ADVISORY
- WINDHAM BRANNON LLC — ACCOUNTANT
- FISHER INVESTMENTS — INV ADV, PARTICIPANTS
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $261,450
- Estimated Expense Ratio: 0.310% 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 | $261,837 | $101,250 | $114,644 | $31,500 | — |
| 2023 | $87,962 | — | $77,544 | — | — |
| 2022 | $134,235 | $11,375 | $99,831 | — | $13,551 |