Plan Snapshot
- Plan Sponsor: Physicians Premier Management Services, LLC
- Sponsor EIN: 473748707
- Sponsor Address: 4141 SOUTH STAPLES ST SUITE 101, CORPUS CHRISTI, TX, 78411
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 228
- Total Assets: $7.9M
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. |
|---|---|---|---|---|
| 2025 | 228 | $7.9M | $0 | $0 |
| 2024 | 274 | $6.3M | $286,298 | $520,606 |
| 2023 | 158 | $4.9M | $297,838 | $485,875 |
| 2022 | 157 | $3.2M | $258,904 | $479,772 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $27,040 | — | $27,040 |
| EDWARD D. JONES & CO., L.P. | Other Service Provider | $22,104 | — | $22,104 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,144
- Estimated Expense Ratio: 0.626% 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 | $545,939 | $25,785 | $1,450 | — | — |
| 2024 | $52,015 | $29,873 | $21,392 | — | — |
| 2023 | $38,568 | $20,821 | $16,011 | — | — |
| 2022 | $32,744 | — | $32,744 | — | — |