Plan Snapshot
- Plan Sponsor: Progressive Physician Associates, INC.
- Sponsor EIN: 232701565
- Sponsor Address: 81 HIGHLAND AVENUE, BETHLEHEM, PA, 18017
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 171
- Total Assets: $121.6M
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 | 171 | $121.6M | $0 | $0 |
| 2024 | 135 | $103.8M | $4.9M | $3.0M |
| 2023 | 121 | $88.6M | $4.5M | $2.8M |
| 2022 | 115 | $68.4M | $3.8M | $2.3M |
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 | $15,621 | — | $15,621 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,621
- Estimated Expense Ratio: 0.013% 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 | $14,476,986 | $15,621 | — | — | — |
| 2024 | $30,448 | $12,034 | — | — | — |
| 2023 | $24,945 | $18,358 | — | — | — |
| 2022 | $3,231,097 | — | — | — | — |