Plan Snapshot
- Plan Sponsor: Pain Management Solutions, LLC.
- Sponsor EIN: 273473237
- Sponsor Address: 201 DEFENSE HWY., ANNAPOLIS, MD, 21401
- Plan Type: 401(k)
- Total Participants: 737
- Total Assets: $33.4M
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 | 737 | $33.4M | $1.3M | $3.4M |
| 2023 | 660 | $26.9M | $1.3M | $3.1M |
| 2022 | 687 | $20.7M | $858,081 | $2.3M |
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 |
|---|---|---|---|---|
| GROSS MENDELSOHN & ASSOCIATES PA | 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 | $175,966 | $89,297 | — | — | — |
| 2023 | $196,232 | $72,031 | — | — | — |
| 2022 | $149,239 | — | — | — | — |