Plan Snapshot
- Plan Sponsor: Masoud Khorsand-Sahbaie, Md PA Dba Kymera Independent Physicians
- Sponsor EIN: 900615053
- Sponsor Address: 400 MILITARY HEIGHTS PLACE, ROSWELL, NM, 88201
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $7.3M
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 | 102 | $7.3M | $232,409 | $354,591 |
| 2023 | 102 | $6.9M | $223,007 | $310,213 |
| 2022 | 102 | $6.4M | $238,728 | $211,713 |
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 |
|---|---|---|---|---|
| SJT GROUP, 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 | $54,203 | $20,276 | $33,927 | — | — |
| 2023 | $41,802 | $15,536 | $26,266 | — | — |
| 2022 | $1,139 | — | $1,139 | — | — |