Plan Snapshot
- Plan Sponsor: Pai Holdings, LLC Dba Pharmaceut
- Sponsor EIN: 570511073
- Sponsor Address: 1700 PERIMETER ROAD, GREENVILLE, SC, 29605
- Plan Type: 401(k)
- Total Participants: 626
- Total Assets: $32.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 626 | $32.4M | $1.3M | $2.7M |
| 2023 | 490 | $20.1M | $966,460 | $2.0M |
| 2022 | 431 | $16.0M | $805,564 | $1.7M |
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 |
|---|---|---|---|---|
| BELPOINTE ASSET MANAGEMENT LLC | INVESTMENT/FINANCIAL ADVI | $64,736 | — | $64,736 |
| ADP, INC. | RECORD KEEPER | $26,244 | — | $26,244 |
| WITHUM | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,980
- Estimated Expense Ratio: 0.281% 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 | $90,981 | $67,558 | — | — | — |
| 2023 | $52,375 | $39,363 | — | — | — |
| 2022 | $42,662 | — | — | — | — |