Plan Snapshot
- Plan Sponsor: Premier Brands Of America INC.
- Sponsor EIN: 112277553
- Sponsor Address: 170 HAMILTON AVE., WHITE PLAINS, NY, 10601
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 194
- Total Assets: $10.1M
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. |
|---|---|---|---|---|
| 2025 | 194 | $10.1M | $0 | $0 |
| 2024 | 192 | $7.6M | $308,832 | $837,084 |
| 2023 | 171 | $5.8M | $216,031 | $727,554 |
| 2022 | 202 | $4.3M | $151,394 | $573,322 |
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 | $65,444 | — | $65,444 |
| S B H U LIFE AGENCY INC | Other Service Provider | — | $27,740 | $27,740 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,184
- Estimated Expense Ratio: 0.920% 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 | $315,381 | — | $65,444 | — | — |
| 2024 | $50,933 | — | $50,933 | — | — |
| 2023 | $40,854 | — | $40,854 | — | — |
| 2022 | $10,582 | — | $10,582 | — | — |