Plan Snapshot
- Plan Sponsor: Physicians Health Plan Of Northern
- Sponsor EIN: 311069321
- Sponsor Address: 1700 MAGNAVOX WAY STE 201, FORT WAYNE, IN, 46804
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $24.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 146 | $24.2M | $594,221 | $950,329 |
| 2023 | 157 | $20.4M | $565,608 | $982,100 |
| 2022 | 155 | $18.3M | $618,976 | $952,832 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | RECORD KEEPER | $71,445 | — | $71,445 |
| SAGEVIEW ADVISORY GROUP, LLC | SERVICE PROVIDER | — | $38,305 | $38,305 |
| BADEN, GAGE & SCHROEDER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP, LLC — SERVICE PROVIDER
- BADEN, GAGE & SCHROEDER, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,750
- Estimated Expense Ratio: 0.453% 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 | $71,445 | — | $70,395 | — | — |
| 2023 | $62,194 | — | $60,944 | — | — |
| 2022 | $64,286 | — | — | — | — |