Plan Snapshot
- Plan Sponsor: Prime Holdings Insurance Services, INC.
- Sponsor EIN: 363868204
- Sponsor Address: 8722 S HARRISON ST., SANDY, UT, 840701420
- Plan Type: 401(k)
- Total Participants: 232
- Total Assets: $23.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 232 | $23.1M | $835,914 | $1.7M |
| 2023 | 232 | $18.8M | $777,464 | $1.7M |
| 2022 | 227 | $14.3M | $731,298 | $1.5M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | SHARE HOLDER SERVICE PRO | $47,996 | — | $47,996 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $24,668 | — | $24,668 |
| EIDE BAILLY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL — SHARE HOLDER SERVICE PRO
- EIDE BAILLY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,664
- Estimated Expense Ratio: 0.314% 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 | $69,413 | — | — | — | — |
| 2023 | $63,855 | — | — | — | — |
| 2022 | $73,459 | — | — | — | — |