Plan Snapshot
- Plan Sponsor: Premier Financial Corp
- Sponsor EIN: 341803915
- Sponsor Address: PO BOX 248, DEFIANCE, OH, 43512
- Plan Type: 401(k)
- Total Participants: 978
- Total Assets: $100.0M
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 | 978 | $100.0M | $2.4M | $5.3M |
| 2023 | 1,058 | $94.1M | $2.6M | $5.5M |
| 2022 | 1,181 | $84.4M | $2.6M | $5.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $71,631 | — | $71,631 |
| GLOBAL RETIRMENT PARTNERS LLC | INVESTMENT ADVISOR | $46,063 | — | $46,063 |
| CROWE LLP | ACCOUNTANT/AUDITOR | $22,900 | — | $22,900 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $6,617 | — | $6,617 |
| WELLTH ADVISORY SERVICES, LLC | INVESTMENT ADVISOR | $5,102 | — | $5,102 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GLOBAL RETIRMENT PARTNERS LLC — INVESTMENT ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $152,313
- Estimated Expense Ratio: 0.152% 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 | $169,315 | $57,782 | — | $22,900 | — |
| 2023 | $125,185 | $59,555 | $2,400 | $6,500 | — |
| 2022 | $265,143 | $13,263 | $183,345 | — | — |