Plan Snapshot
- Plan Sponsor: Ob/Gyn Specialists Of The Palm Beaches Ii, LLC
- Sponsor EIN: 384055153
- Sponsor Address: 1501 YAMATO ROAD, SUITE 200 WEST, BOCA RATON, FL, 33431
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 298
- Total Assets: $48.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 298 | $48.4M | $0 | $0 |
| 2024 | 220 | $40.3M | $1.3M | $1.1M |
| 2023 | 196 | $35.9M | $1.2M | $943,424 |
| 2022 | 170 | $30.2M | $1.2M | $872,704 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AM | Recordkeeper | $129,638 | — | $129,638 |
| OSAIC WEALTH INC. | Investment Advisor | — | $54,892 | $54,892 |
| BARRY MAX LEVY & ASSOCIATES | Other Service Provider | — | $10,000 | $10,000 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,531 | — | $5,531 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $200,061
- Estimated Expense Ratio: 0.414% 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 |
|---|---|---|---|---|---|
| 2025 | $1,013,440 | $112,142 | — | — | — |
| 2024 | $98,739 | $98,739 | — | — | — |
| 2023 | $77,545 | $77,545 | — | — | — |
| 2022 | $80,119 | — | $80,119 | — | — |