Plan Snapshot
- Plan Sponsor: Priority One Security, INC.
- Sponsor EIN: 870575504
- Sponsor Address: 18 INTERCHANGE BLVD, SUITE B, GREENVILLE, SC, 29607
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 55
- Total Assets: $1,122
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. |
|---|---|---|---|---|
| 2025 | 55 | $1,122 | $0 | $0 |
| 2024 | 83 | $1,172 | $725,372 | $84,615 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $49,539 | — | $49,539 |
| BROWN & BROWN OF SC | Investment Advisor | $30,915 | — | $30,915 |
| LUCENT HEALTH | Other Service Provider | $29,604 | — | $29,604 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,058
- Estimated Expense Ratio: 9809.091% 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 |
|---|---|---|---|---|---|
| 2025 | $576,588 | — | — | — | — |
| 2024 | $1,154,905 | — | — | — | — |