Plan Snapshot
- Plan Sponsor: Phoenix Healthcare Management Services, INC.
- Sponsor EIN: 582002963
- Sponsor Address: 900 CIRCLE 75 PKWY STE 1235, ATLANTA, GA, 303396080
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 221
- Total Assets: $16.8M
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. |
|---|---|---|---|---|
| 2025 | 221 | $16.8M | $0 | $0 |
| 2024 | 168 | $14.5M | $524,172 | $852,596 |
| 2023 | 154 | $13.3M | $503,599 | $861,549 |
| 2022 | 181 | $11.8M | $473,760 | $809,977 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $74,211 | — | $74,211 |
| RESOURCE INVESTMENT ADVSIORS | Investment Advisor | — | $31,088 | $31,088 |
| ORENDA RETIREMENT LLC | Recordkeeper | $11,050 | $6,670 | $17,720 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $123,019
- Estimated Expense Ratio: 0.731% 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 | $1,428,955 | — | $85,136 | — | — |
| 2024 | $80,695 | — | $80,695 | — | — |
| 2023 | $72,677 | — | $72,677 | — | — |
| 2022 | $67,878 | — | $67,878 | — | — |