Plan Snapshot
- Plan Sponsor: Premployer, INC.
- Sponsor EIN: 582471604
- Sponsor Address: 5855 WEST MAIN STREET, DOTHAN, AL, 36305
- Plan Type: 401(k)
- Total Participants: 917
- Total Assets: $23.3M
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 | 917 | $23.3M | $844,498 | $1.9M |
| 2023 | 828 | $23.1M | $941,302 | $1.8M |
| 2022 | 741 | $14.8M | $661,744 | $1.4M |
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 |
|---|---|---|---|---|
| WARREN AVERETT LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT LLC — 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 | $217,607 | $74,912 | $142,695 | — | — |
| 2023 | $157,528 | $48,548 | $108,980 | — | — |
| 2022 | $142,032 | $40,848 | $101,184 | — | — |