Plan Snapshot
- Plan Sponsor: Premier Health Care Services, LLC
- Sponsor EIN: 454531609
- Sponsor Address: 410 LUELLA STREET, WATKINS, MN, 55389
- Plan Type: 401(k)
- Total Participants: 691
- Total Assets: $6.7M
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 | 691 | $6.7M | $672,226 | $1.3M |
| 2023 | 502 | $3.7M | $336,845 | $606,134 |
| 2022 | 226 | $2.1M | $203,331 | $374,127 |
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 |
|---|---|---|---|---|
| MILLER WELLE HEISER & CO LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER WELLE HEISER & CO LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $78,342 | $69,709 | — | — | — |
| 2023 | $33,180 | $30,830 | — | — | — |
| 2022 | $17,552 | $17,552 | — | — | — |