Plan Snapshot
- Plan Sponsor: Prime Communications, L.P.
- Sponsor EIN: 760603404
- Sponsor Address: 77 SUGAR CREEK CENTER BLVD STE 500, SUGAR LAND, TX, 77478
- Plan Type: 401(k)
- Total Participants: 7,860
- Total Assets: $46.0M
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 | 7,860 | $46.0M | $2.3M | $6.0M |
| 2023 | 7,612 | $42.7M | $2.2M | $5.7M |
| 2022 | 7,773 | $34.8M | $4.6M | $5.4M |
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 |
|---|---|---|---|---|
| WEINSTEIN SPIRA & COMPANY, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $344,086 | $63,678 | $280,408 | — | — |
| 2023 | $235,690 | $73,473 | $159,717 | $2,500 | — |
| 2022 | $188,370 | — | $161,208 | — | $27,162 |