Plan Snapshot
- Plan Sponsor: Ltc Pharmacy Management, LLC
- Sponsor EIN: 824829471
- Sponsor Address: 1412 CENTRE CT., ALEXANDRIA, LA, 71301
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $10.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 196 | $10.8M | $353,575 | $1.0M |
| 2023 | 174 | $8.2M | $332,479 | $948,396 |
| 2022 | 174 | $5.7M | $312,998 | $888,433 |
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 |
|---|---|---|---|---|
| HEARD, MCELROY AND VESTAL, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $71,567 | $36,739 | $2,500 | — | — |
| 2023 | $61,148 | $33,971 | $1,500 | — | — |
| 2022 | $47,820 | $26,959 | $20,061 | — | $800 |