Plan Snapshot
- Plan Sponsor: Perinatal Associates Of New Mexico Ltd
- Sponsor EIN: 850360918
- Sponsor Address: 201 CEDAR SE, SUITE 405, ALBUQUERQUE, NM, 87106
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 165
- Total Assets: $24.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 165 | $24.0M | $0 | $0 |
| 2024 | 120 | $19.8M | $701,545 | $712,219 |
| 2023 | 109 | $17.0M | $608,457 | $605,031 |
| 2022 | 93 | $14.3M | $558,389 | $539,198 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | Other Service Provider | $96,904 | — | $96,904 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $33,344 | — | $33,344 |
| SENTINEL BENEFITS GROUP, INC. | Recordkeeper | $5,738 | — | $5,738 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $135,986
- Estimated Expense Ratio: 0.566% 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 |
|---|---|---|---|---|---|
| 2025 | $701,764 | $96,904 | $33,344 | — | — |
| 2024 | $122,252 | $82,769 | $38,358 | — | — |
| 2023 | $103,078 | $68,504 | $33,764 | — | — |
| 2022 | $98,380 | $65,055 | $33,325 | — | — |