Plan Snapshot
- Plan Sponsor: Presbyterian Health Plan, INC.
- Sponsor EIN: 943037165
- Sponsor Address: 9521 SAN MATEO NE, ALBUQUERQUE, NM, 87113
- Plan Type: 401(k)
- Total Participants: 1,998
- Total Assets: $177.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,998 | $177.9M | $6.8M | $9.3M |
| 2023 | 2,044 | $155.7M | $6.4M | $8.5M |
| 2022 | 2,048 | $126.0M | $6.0M | $8.2M |
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 |
|---|---|---|---|---|
| REDW LLC | Auditor | $20,987 | — | $20,987 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REDW LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,987
- Estimated Expense Ratio: 0.012% 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 | $138,136 | — | — | $20,987 | — |
| 2023 | $147,388 | — | — | $20,473 | — |
| 2022 | $145,749 | — | — | — | $24,253 |