Plan Snapshot
- Plan Sponsor: Permobil, INC
- Sponsor EIN: 043189589
- Sponsor Address: 300 DUKE DRIVE, LEBANON, TN, 37090
- Plan Type: 401(k)
- Total Participants: 1,069
- Total Assets: $82.9M
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 | 1,069 | $82.9M | $2.6M | $5.2M |
| 2023 | 936 | $74.3M | $2.4M | $4.9M |
| 2022 | 912 | $60.8M | $2.2M | $4.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $97,178 | — | $97,178 |
| MMA SECURITIES | ADVISOR | $90,072 | — | $90,072 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,782 | — | $9,782 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MMA SECURITIES — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $197,032
- Estimated Expense Ratio: 0.238% 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 | $197,031 | $99,853 | $1,200 | — | — |
| 2023 | $179,435 | $86,676 | — | — | — |
| 2022 | $174,936 | $6,999 | — | — | — |