Plan Snapshot
- Plan Sponsor: Pioneer Valley Cardiology, P.C.
- Sponsor EIN: 042505412
- Sponsor Address: 2 MEDICAL CENTER DRIVE, SPRINGFIELD, MA, 01107
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $21.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 105 | $21.2M | $824,614 | $667,030 |
| 2023 | 102 | $20.4M | $765,846 | $671,048 |
| 2022 | 99 | $19.0M | $696,301 | $658,332 |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL INVESTMENT SERV | OTHER SERVICES | — | $18,954 | $18,954 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $13,662 | — | $13,662 |
| JIM HALLINAN PENSION | CONTACT ADMIN. | $7,285 | $4,831 | $12,116 |
| WHITTLESEY PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN MUTUAL INVESTMENT SERV — OTHER SERVICES
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,732
- Estimated Expense Ratio: 0.211% 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 | $62,036 | — | $62,036 | — | — |
| 2023 | $63,911 | — | $63,911 | — | — |
| 2022 | $57,250 | — | $57,250 | — | — |