Plan Snapshot
- Plan Sponsor: Premier Medical Alliance LLC
- Sponsor EIN: 462656846
- Sponsor Address: 466 OLD HOOK ROAD, EMERSON, NJ, 07630
- Plan Type: DC
- Total Participants: 73
- Total Assets: $28.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 73 | $28.8M | $849,384 | $1.1M |
| 2023 | 80 | $28.8M | $846,572 | $1.1M |
| 2022 | 80 | $23.4M | $838,000 | $923,329 |
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 |
|---|---|---|---|---|
| COHN REZNICK, LLP | Auditor | $26,775 | — | $26,775 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,775
- Estimated Expense Ratio: 0.093% 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 | $106,660 | $72,659 | — | $26,775 | — |
| 2023 | $130,383 | $84,973 | — | $24,500 | — |
| 2022 | $128,877 | $81,311 | — | — | $47,566 |