Plan Snapshot
- Plan Sponsor: Premier Technology, INC.
- Sponsor EIN: 820495019
- Sponsor Address: 1858 WEST BRIDGE STREET, BLACKFOOT, ID, 83221
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 234
- Total Assets: $291,462
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 | 234 | $291,462 | $1.8M | $781,465 |
| 2023 | 284 | $83,241 | $1.3M | $822,899 |
| 2022 | 278 | $171,815 | $1.8M | $798,816 |
| 2021 | 289 | $1.1M | $1.7M | $789,032 |
| 2020 | 283 | $95,006 | $1.1M | $750,182 |
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 |
|---|---|---|---|---|
| CENTRIX BENEFIT ADMINISTRATORS, INC | Recordkeeper | $177,524 | — | $177,524 |
| KINGHORN & ASSOCIATES | Other Service Provider | $79,723 | — | $79,723 |
| LLME | Other Service Provider | $19,640 | — | $19,640 |
| AMERICAN HEALTH HOLDING | Other Service Provider | $10,319 | — | $10,319 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $287,206
- Estimated Expense Ratio: 98.540% 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 | $335,273 | — | $335,273 | — | — |
| 2023 | $335,407 | — | $335,407 | — | — |
| 2022 | $435,781 | — | — | — | — |
| 2021 | $473,638 | — | — | — | — |
| 2020 | $347,441 | — | — | — | — |