Plan Snapshot
- Plan Sponsor: Premier Mortgage Resources
- Sponsor EIN: 202718340
- Sponsor Address: 1325 NW FLANDERS ST, PORTLAND, OR, 97209
- Plan Type: 401(k)
- Total Participants: 264
- Total Assets: $8.6M
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. |
|---|---|---|---|---|
| 2023 | 264 | $8.6M | $264,567 | $1.3M |
| 2022 | 302 | $7.2M | $336,367 | $1.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $47,162 | — | $47,162 |
| UBS FINANCIAL SERVICES INC | Investment Advisor | $38,322 | — | $38,322 |
| RICHEY MAY & CO LLP | Auditor | $30,000 | — | $30,000 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,848 | — | $5,848 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,332
- Estimated Expense Ratio: 1.411% 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 |
|---|---|---|---|---|---|
| 2023 | $60,666 | $22,085 | — | $15,000 | — |
| 2022 | $48,812 | $19,919 | $24,293 | — | $4,600 |