Plan Snapshot
- Plan Sponsor: Primemed, P C
- Sponsor EIN: 232905316
- Sponsor Address: MORGAN MEDICAL COMPLEX, SCRANTON, PA, 185082601
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $69.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 144 | $69.4M | $1.4M | $1.3M |
| 2023 | 145 | $67.2M | $1.4M | $1.2M |
| 2022 | 139 | $58.6M | $1.3M | $1.1M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $17,553 | — | $17,553 |
| KRONICK, KALADA, BERDY & CO. P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- KRONICK, KALADA, BERDY & CO. P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,553
- Estimated Expense Ratio: 0.025% 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 | $15,972 | $17,553 | — | — | — |
| 2023 | $29,587 | $27,918 | — | — | — |
| 2022 | $22,239 | $20,626 | — | — | — |