Plan Snapshot
- Plan Sponsor: Prime Administration, LLC
- Sponsor EIN: 201149958
- Sponsor Address: 357 SOUTH CURSON AVENUE, MAIN FLOOR, LOS ANGELES, CA, 90036
- Plan Type: 401(k)
- Total Participants: 486
- Total Assets: $22.1M
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 | 486 | $22.1M | $953,904 | $1.8M |
| 2023 | 486 | $18.7M | $790,891 | $1.5M |
| 2022 | 475 | $14.5M | $644,645 | $1.3M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE AND ANNUI | SERVICE PROVIDER | $12,900 | — | $12,900 |
| NICHOLAS PENSION CONSULTANTS | THIRD PARTY ADMIN | — | $9,830 | $9,830 |
| HOLTHOUSE CARLIN & VAN TRIGT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOLTHOUSE CARLIN & VAN TRIGT LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,730
- Estimated Expense Ratio: 0.103% 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 | $12,900 | — | $12,400 | — | — |
| 2023 | $11,625 | — | — | — | — |
| 2022 | $4,800 | — | — | — | — |