Plan Snapshot
- Plan Sponsor: Providence Medical Associates, INC.
- Sponsor EIN: 320437628
- Sponsor Address: 200 W. CENTER ST. PROMENADE, ANAHEIM, CA, 92805
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 257
- Total Assets: $114.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 257 | $114.9M | $0 | $0 |
| 2024 | 197 | $100.9M | $3.1M | $4.3M |
| 2023 | 190 | $82.1M | $2.7M | $4.1M |
| 2022 | 187 | $65.5M | $2.7M | $3.6M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | Other Service Provider | $18,538 | — | $18,538 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $16,349 | — | $16,349 |
| EMPOWER | Recordkeeper | $9,017 | — | $9,017 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,904
- Estimated Expense Ratio: 0.038% 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 | $10,420,466 | $39,420 | — | — | — |
| 2024 | $77,005 | — | — | — | — |
| 2023 | $100,831 | — | — | — | — |
| 2022 | $60,616 | — | — | — | — |