Plan Snapshot
- Plan Sponsor: Pan-American Life Insurance Company
- Sponsor EIN: 720281240
- Sponsor Address: 601 POYDRAS STREET, NEW ORLEANS, LA, 701306029
- Plan Type: 401(k)
- Total Participants: 639
- Total Assets: $176.5M
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 | 639 | $176.5M | $3.6M | $6.1M |
| 2023 | 632 | $155.6M | $3.5M | $5.5M |
| 2022 | 597 | $129.5M | $3.3M | $5.2M |
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 |
|---|---|---|---|---|
| BOURGEOIS BENNETT, 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 | $316,248 | — | $316,248 | — | — |
| 2023 | $278,343 | — | $278,343 | — | — |
| 2022 | $278,943 | — | $278,943 | — | — |