Plan Snapshot
- Plan Sponsor: Physician Business Services, LLC
- Sponsor EIN: 593734161
- Sponsor Address: 4030 W. BOY SCOUT BLVD. SUITE 800, TAMPA, FL, 33607
- Plan Type: 401(k)
- Total Participants: 2,177
- Total Assets: $243.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 2,177 | $243.3M | $5.7M | $10.4M |
| 2023 | 2,127 | $232.2M | $7.7M | $10.6M |
| 2022 | 2,342 | $197.2M | $7.2M | $9.8M |
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 |
|---|---|---|---|---|
| TEMPLETON & COMPANY, LLP | Auditor | $26,850 | — | $26,850 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEMPLETON & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,850
- Estimated Expense Ratio: 0.011% 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 | $346,647 | — | — | $26,850 | — |
| 2023 | $433,406 | $94,992 | $89,768 | $19,000 | — |
| 2022 | $367,358 | $92,496 | $243,529 | — | — |