Plan Snapshot
- Plan Sponsor: Positive Impact Health Centers, INC.
- Sponsor EIN: 581973324
- Sponsor Address: 2800 CENTURY BLVD., ATLANTA, GA, 30345
- Plan Type: 401(k)
- Total Participants: 283
- Total Assets: $11.1M
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 | 283 | $11.1M | $1.1M | $1.1M |
| 2023 | 261 | $8.1M | $950,132 | $836,540 |
| 2022 | 214 | $5.7M | $786,352 | $632,383 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $76,159 | — | $76,159 |
| UBS FINANCIAL SERVICES INC | Investment Advisor | — | $34,470 | $34,470 |
| ERISA SERVICES INC | Recordkeeper | $5,938 | $4,217 | $10,155 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — Investment Advisor
- ERISA SERVICES INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,784
- Estimated Expense Ratio: 1.091% 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 | $82,098 | — | $82,098 | — | — |
| 2023 | $89,324 | — | $89,324 | — | — |
| 2022 | $56,108 | — | — | — | $56,108 |