Plan Snapshot
- Plan Sponsor: Pensacola Health Partners, LLC
- Sponsor EIN: 880867677
- Sponsor Address: 300 PROVIDER CT, RICHMOND, KY, 40475
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 427
- Total Assets: $3.0M
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 | 427 | $3.0M | $2.0M | $1.5M |
| 2023 | 435 | $2.6M | $2.5M | $1.5M |
| 2022 | 454 | $1.8M | $2.5M | $1.2M |
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 |
|---|---|---|---|---|
| AMERICAN PLAN ADMINISTRATORS | Recordkeeper | $311,580 | — | $311,580 |
| EAGLE RISK SERVICES, LLC | Recordkeeper | $166,620 | — | $166,620 |
| FASTEN HALBERSTAM LLP | Auditor | $22,500 | — | $22,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FASTEN HALBERSTAM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $500,700
- Estimated Expense Ratio: 16.829% 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 | $500,710 | — | $311,580 | $22,500 | — |
| 2023 | $405,459 | — | $376,500 | $7,500 | — |
| 2022 | $308,800 | — | $308,800 | — | — |