Plan Snapshot
- Plan Sponsor: Priority Healthcare Group LLC
- Sponsor EIN: 811611441
- Sponsor Address: 1510 CHESTERPIKE BALDWIN TOWER, CRUM LYNNE, PA, 19022
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 238
- Total Assets: $395,353
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 238 | $395,353 | $1.5M | $588,189 |
| 2023 | 231 | $789,823 | $1.4M | $555,998 |
| 2022 | 231 | $446,414 | $1.3M | $526,266 |
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 |
|---|---|---|---|---|
| AMERICAN PLAN ADMINISTRATORS | Recordkeeper | $142,800 | — | $142,800 |
| EAGLE RISK SERVICES LLC | Recordkeeper | $120,000 | — | $120,000 |
| FASTEN HALBERSTAM LLP | Auditor | $16,500 | — | $16,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FASTEN HALBERSTAM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $279,300
- Estimated Expense Ratio: 70.646% 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 | $280,244 | — | $142,800 | $16,500 | — |
| 2023 | $237,136 | — | $140,150 | $16,500 | — |
| 2022 | $141,600 | — | $141,600 | — | — |