Plan Snapshot
- Plan Sponsor: Presbyterian Healthcare Services
- Sponsor EIN: 850105601
- Sponsor Address: P.O. BOX 26666, ALBUQUERQUE, NM, 87125
- Plan Type: DB
- Total Participants: 653
- Total Assets: $260.7M
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 | 653 | $260.7M | $14.6M | $0 |
| 2023 | 713 | $247.8M | $15.8M | $0 |
| 2022 | 814 | $236.6M | $36.1M | $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 |
|---|---|---|---|---|
| MERCER (US) LLC | Other Service Provider | $255,283 | — | $255,283 |
| TELUS HEALTH (US) LTD | Other Service Provider | $210,076 | — | $210,076 |
| CLARION LION PROPERTIES FUND, LP | Other Service Provider | $152,831 | — | $152,831 |
| PIMCO | Other Service Provider | $138,791 | — | $138,791 |
| WELLINGTON TRUST | Other Service Provider | $122,290 | — | $122,290 |
| PRINCIPAL | Recordkeeper | $55,237 | — | $55,237 |
| VICTORY CAPITAL MANAGEMENT | Investment Advisor | $51,232 | $1,657 | $52,889 |
| ROBECO INVESTMENT MANAGEMENT | Other Service Provider | $50,586 | $1,952 | $52,538 |
| GENEVA CAPITAL MANAGEMENT | Other Service Provider | $44,591 | $260 | $44,851 |
| MCDERMOTT WILL & EMERYLLP | Other Service Provider | $43,838 | — | $43,838 |
| MERCER INVESTMENT CONSULTING | Other Service Provider | $36,884 | — | $36,884 |
| REDW LLC | Auditor | $27,660 | — | $27,660 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $13,469 | $217 | $13,686 |
| PENSION BENEFIT INFORMATION | Other Service Provider | $6,648 | — | $6,648 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRINCIPAL — Recordkeeper
- VICTORY CAPITAL MANAGEMENT — Investment Advisor
- REDW LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,213,502
- Estimated Expense Ratio: 0.465% 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 | $2,549,887 | $613,895 | $210,076 | $27,660 | — |
| 2023 | $2,822,908 | $794,658 | $192,048 | $27,457 | — |
| 2022 | $2,620,544 | $587,691 | — | — | $662,225 |