Plan Snapshot
- Plan Sponsor: Pan-American Life Insurance Group, INC.
- Sponsor EIN: 205816271
- Sponsor Address: 601 POYDRAS ST, NEW ORLEANS, LA, 701306029
- Plan Type: DB
- Total Participants: 98
- Total Assets: $114.4M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 98 | $114.4M | $841,303 | $0 |
| 2023 | 106 | $121.7M | $0 | $0 |
| 2022 | 74 | $107.2M | $0 | $0 |
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 | $45,000 | — | $45,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,000
- Estimated Expense Ratio: 0.039% 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 | $1,418,784 | $339,076 | $287,240 | $45,000 | — |
| 2023 | $1,152,745 | $265,998 | $289,531 | — | — |
| 2022 | $1,133,861 | $342,119 | $267,884 | — | $10,500 |