Plan Snapshot
- Plan Sponsor: Primrose Retirement Communities
- Sponsor EIN: 460434250
- Sponsor Address: 815 NORTH SECOND STREET PO BOX 1359, ABERDEEN, SD, 57401
- Plan Type: 401(k)
- Total Participants: 1,249
- Total Assets: $12.5M
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 | 1,249 | $12.5M | $548,771 | $958,526 |
| 2023 | 1,079 | $11.1M | $465,906 | $816,584 |
| 2022 | 719 | $9.2M | $400,114 | $707,542 |
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 |
|---|---|---|---|---|
| EDWARD D JONES & CO | Investment Advisor | $28,734 | — | $28,734 |
| FUTUREPLAN BY ASCENSUS | Other Service Provider | $25,309 | — | $25,309 |
| CAPITAL GROUP RETIREMENT PLAN SERVI | Recordkeeper | $23,063 | — | $23,063 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,106
- Estimated Expense Ratio: 0.617% 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 | $66,821 | — | $66,821 | — | — |
| 2023 | $56,269 | — | $56,269 | — | — |
| 2022 | $47,479 | — | $47,479 | — | — |