Plan Snapshot
- Plan Sponsor: Physician And Tactical Healthcare Services,
- Sponsor EIN: 522274526
- Sponsor Address: 9 EXECUTIVE CAMPUS, CHERRY HILL, NJ, 080024502
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $4.5M
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 | 324 | $4.5M | $0 | $310,122 |
| 2023 | 332 | $4.6M | $0 | $313,420 |
| 2022 | 326 | $4.2M | $0 | $332,894 |
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 | CONTRACT ADMINISTRATOR | $41,078 | — | $41,078 |
| LEGACY ADVISORS, LLC | INVESTMENT ADVISORY | — | $17,801 | $17,801 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,879
- Estimated Expense Ratio: 1.302% 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 | $41,078 | — | $41,078 | — | — |
| 2023 | $38,067 | — | $38,067 | — | — |
| 2022 | $36,827 | — | $36,827 | — | — |