Plan Snapshot
- Plan Sponsor: Pavmed INC.
- Sponsor EIN: 471214177
- Sponsor Address: 200 GIBRALTAR ROAD, SUITE 315, HORSHAM, PA, 19044
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $7.2M
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 | 111 | $7.2M | $1.0M | $1.2M |
| 2023 | 138 | $4.7M | $20,766 | $1.2M |
| 2022 | 118 | $2.5M | $386,282 | $1.1M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $30,960 | — | $30,960 |
| USI SECURITIES, INC. | BROKER | — | $14,296 | $14,296 |
| LORADY CPA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- LORADY CPA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,256
- Estimated Expense Ratio: 0.625% 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 | $32,130 | $1,170 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |