Plan Snapshot
- Plan Sponsor: Primeritus Financial Services, INC.
- Sponsor EIN: 454418687
- Sponsor Address: 100 CENTERVIEW DRIVE, NASHVILLE, TN, 37214
- Plan Type: 401(k)
- Total Participants: 189
- Total Assets: $8.1M
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 | 189 | $8.1M | $265,073 | $669,439 |
| 2023 | 225 | $7.6M | $209,809 | $760,633 |
| 2022 | 327 | $8.4M | $416,083 | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $38,792 | — | $38,792 |
| ACCESS RETIREMENT SERVICES | Other Service Provider | $19,882 | — | $19,882 |
| LBMC PC | Auditor | $14,000 | — | $14,000 |
| JANNEY MONTGOMERY SCOTT LLC | Auditor | $7,338 | — | $7,338 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JANNEY MONTGOMERY SCOTT LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,012
- Estimated Expense Ratio: 0.992% 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 | $76,029 | — | — | — | — |
| 2023 | $91,237 | — | — | — | — |
| 2022 | $95,852 | $95,852 | — | — | — |