# Priority Power Management, LLC 401(k) Plan
Source: https://planprovider.pro/companies/priority-power-management-l-l-c-plan

> Priority Power Management, LLC&#39;s 401(k) plan: 213 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Priority Power Management, LLC

- **Sponsor EIN:** 752919300

- **Sponsor Address:** 2201 E LAMAR BLVD STE 275, ARLINGTON, TX, 760067427

- **Plan Type:** 401(k)

- **Total Participants:** 213

- **Total Assets:** $27.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|213|$27.4M|$1.2M|$2.6M|

| 2023|208|$21.0M|$1.0M|$2.2M|

| 2022|0|$14.7M|$774,492|$1.6M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$114,442|—|$114,442|

| UBS FINANCIAL SERVICES INC|INVESTMENT ADVISORY|—|$56,660|$56,660|

| PENSION RESOURCES CORPORATION|OTHER SERVICES|—|$10,243|$10,243|

| WEAVER AND TIDWELL, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [UBS FINANCIAL SERVICES INC](https://planprovider.pro/provider/aspire-financial-services) — INVESTMENT ADVISORY

- [WEAVER AND TIDWELL, LLP](https://planprovider.pro/provider/weaver-and-tidwell-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $181,345

- **Estimated Expense Ratio:** 0.662% 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|$114,443|—|$114,443|—|—|

| 2023|$82,587|—|$82,587|—|—|

| 2022|—|—|—|—|—|

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