# Premployer, INC. Welfare Benefit Plan Health & Welfare Plan
Source: https://planprovider.pro/companies/premployer-inc-welfare-benefit-plan-582471604-502

> Premployer, INC. Welfare Benefit Plan's Health & Welfare plan: 906 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Premployer, INC. Welfare Benefit Plan

- **Sponsor EIN:** 582471604

- **Sponsor Address:** 5855 W MAIN STREET, DOTHAN, AL, 36305

- **Plan Type:** Health & Welfare

- **Plan Number:** 502

- **Total Participants:** 906

- **Total Assets:** $0

## 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|906|$0|$0|$0|

| 2023|985|$654,485|$6.0M|$2.6M|

| 2022|1,007|$672,897|$6.1M|$2.5M|

## 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|

| BLUE CROSS AND BLUE SHIELD OF AL|Other Service Provider|$707,769|—|$707,769|

| MEDONE, LC|Recordkeeper|$154,760|—|$154,760|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $862,529

### 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|—|—|—|—|—|

| 2023|$1,244,511|—|—|—|—|

| 2022|$1,018,071|—|—|—|—|

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