Plan Snapshot
- Plan Sponsor: Preston Health Services, INC.
- Sponsor EIN: 203000448
- Sponsor Address: 230 WEST MAIN STREET, CENTRE, AL, 35960
- Plan Type: 401(k)
- Total Participants: 695
- Total Assets: $9.2M
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 | 695 | $9.2M | $496,260 | $831,350 |
| 2023 | 492 | $7.2M | $431,155 | $743,518 |
| 2022 | 408 | $6.3M | $364,931 | $643,441 |
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 |
|---|---|---|---|---|
| BLACK & PINCKARD, LLC | Auditor | $11,000 | — | $11,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLACK & PINCKARD, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.119% 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 | $26,560 | — | $15,560 | $11,000 | — |
| 2023 | $22,224 | — | $11,724 | $10,500 | — |
| 2022 | $18,390 | — | $18,390 | — | — |