Plan Snapshot
- Plan Sponsor: Professional Healthcare Resources, INC.
- Sponsor EIN: 541694532
- Sponsor Address: 7619 LITTLE RIVER TURNPIKE, ANNANDALE, VA, 22003
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $4.9M
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 | 129 | $4.9M | $0 | $135,200 |
| 2023 | 157 | $4.9M | $0 | $150,909 |
| 2022 | 198 | $4.4M | $0 | $203,515 |
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 |
|---|---|---|---|---|
| SIMIONE MACCA & LARROW LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $50,329 | $15,377 | $34,177 | — | — |
| 2023 | $45,028 | $13,682 | $30,451 | — | — |
| 2022 | $46,278 | $13,920 | $31,233 | — | $1,125 |