# Propharma Group 401(k) Plan
Source: https://planprovider.pro/companies/propharma-group-401k-plan

> Propharma Group's 401(k) plan: 1,732 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Propharma Group

- **Sponsor EIN:** 464258733

- **Sponsor Address:** 107 HARGETT ST., RALEIGH, NC, 27601

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

- **Total Participants:** 1,732

- **Total Assets:** $104.7M

## 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|1,732|$104.7M|$4.2M|$13.4M|

| 2023|2,341|$89.2M|$8.4M|$15.6M|

| 2022|947|$43.2M|$3.4M|$7.0M|

## 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|

| CREATIVE PLANNING|INVESTMENT ADVISOR|$276,450|—|$276,450|

| NEWPORT GROUP, INC.|RECORD-KEEPER|$192,319|—|$192,319|

| NEWPORT TRUST COMPANY, LLC|TRUSTEE|$28,975|—|$28,975|

| UHY LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [CREATIVE PLANNING](https://planprovider.pro/provider/creative-planning) — INVESTMENT ADVISOR

- [UHY LLP](https://planprovider.pro/provider/uhy-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $497,744

- **Estimated Expense Ratio:** 0.475% 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|$497,744|$276,450|$15,307|—|—|

| 2023|$478,635|$267,687|$17,676|—|—|

| 2022|$290,856|$206,812|$84,044|—|—|

## Similar Plans

- [Sanstone Management Company, LLC](https://planprovider.pro/companies/sanstone-management-company-llc-401k-plan) — 1,926 participants

- [Corvid Holdings, INC.](https://planprovider.pro/companies/corvid-holdings-inc-401k-plan) — 746 participants

- [Iem International, INC.](https://planprovider.pro/companies/innovative-emergency-management-inc-401k-plan) — 707 participants

- [Premier Healthcare Solutions, INC.](https://planprovider.pro/companies/premier-healthcare-solutions-inc-401k-plan) — 2,764 participants

- [Medcost, LLC](https://planprovider.pro/companies/medcost-llc-401k-plan) — 418 participants

- [Second Nature](https://planprovider.pro/companies/second-nature-401k-plan) — 389 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/propharma-group-401k-plan)

© 2026 PlanProvider.Pro