Plan Snapshot
- Plan Sponsor: Ports America
- Sponsor EIN: 135628741
- Sponsor Address: 222 S. MILL AVENUE, TEMPE, AZ, 85281
- Plan Type: DB
- Total Participants: 91
- Total Assets: $7.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 91 | $7.6M | $0 | $0 |
| 2023 | 99 | $7.4M | $0 | $0 |
| 2022 | 101 | $7.2M | $2.5M | $0 |
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 |
|---|---|---|---|---|
| USI CONSULTING GROUP | ACTUARY | $57,281 | — | $57,281 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMIN. | $45,105 | — | $45,105 |
| USI ADVISORS | INVESTMENT ADVISORY | $27,812 | — | $27,812 |
| SHAPIRO & DUFFALO, P.C. | ACCOUNTANT | $10,100 | — | $10,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SHAPIRO & DUFFALO, P.C. — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,298
- Estimated Expense Ratio: 1.837% 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 | $151,004 | $27,812 | $45,105 | $10,100 | — |
| 2023 | $122,084 | $13,152 | $45,205 | $17,800 | — |
| 2022 | $145,371 | — | $45,358 | — | $100,013 |