Plan Snapshot
- Plan Sponsor: Premier Management Support LLC
- Sponsor EIN: 843105818
- Sponsor Address: 202 CATON AVENUE, BROOKLYN, NY, 11218
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 485
- Total Assets: $2.3M
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 | 485 | $2.3M | $6.6M | $624,416 |
| 2023 | 456 | $1.4M | $5.3M | $377,910 |
| 2022 | 433 | $2.2M | $2.0M | $533,644 |
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 |
|---|---|---|---|---|
| AMERICAN PLAN ADMINISTRATORS | Recordkeeper | $270,631 | — | $270,631 |
| FASTEN HALBERSTAM LLP | Auditor | $35,000 | — | $35,000 |
| SMITH RX | Other Service Provider | $19,944 | — | $19,944 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FASTEN HALBERSTAM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $325,575
- Estimated Expense Ratio: 13.870% 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 | $325,915 | — | $290,575 | $35,000 | — |
| 2023 | $833,013 | — | $267,078 | $7,500 | — |
| 2022 | $1,744,049 | — | $1,683,497 | — | $29,393 |