Plan Snapshot
- Plan Sponsor: Presbyterian Healthcare Services
- Sponsor EIN: 850105601
- Sponsor Address: 9521 SAN MATEO NE, ALBUQUERQUE, NM, 87113
- Plan Type: 401(k)
- Total Participants: 12,159
- Total Assets: $531.3M
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 | 12,159 | $531.3M | $40.5M | $0 |
| 2023 | 11,854 | $455.4M | $37.8M | $0 |
| 2022 | 11,386 | $372.1M | $35.3M | $0 |
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 | $20,449 | — | $20,449 |
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: $20,449
- Estimated Expense Ratio: 0.004% 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 | $236,252 | — | $1,800 | $20,449 | — |
| 2023 | $266,805 | — | $1,500 | $20,257 | — |
| 2022 | $263,010 | — | — | — | $1,302 |