Plan Snapshot
- Plan Sponsor: Procurement Advisors LLC
- Sponsor EIN: 454216515
- Sponsor Address: 3101 TOWERCREEK PARKWAY, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 267
- Total Assets: $18.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 267 | $18.8M | $0 | $0 |
| 2024 | 210 | $8.3M | $533,897 | $1.1M |
| 2023 | 111 | $6.1M | $463,789 | $940,862 |
| 2022 | 108 | $4.0M | $281,680 | $843,850 |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,384 | — | $5,384 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,384
- Estimated Expense Ratio: 0.029% 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 | $1,557,936 | $5,384 | — | — | — |
| 2024 | $5,009 | $3,365 | — | — | — |
| 2023 | $2,867 | $1,979 | — | — | — |
| 2022 | $325,697 | — | — | — | — |