Plan Snapshot
- Plan Sponsor: Provider Partners Management Services, LLC
- Sponsor EIN: 822337501
- Sponsor Address: 785 ELKRIDGE LANDING ROAD, ST. 300, LINTHICUM HEIGHTS, MD, 21090
- Plan Type: 401(k)
- Total Participants: 345
- Total Assets: $6.9M
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 | 345 | $6.9M | $171,612 | $1.3M |
| 2023 | 281 | $4.7M | $131,988 | $1.0M |
| 2022 | 223 | $2.5M | $0 | $858,717 |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS LLC | INVESTMENT ADVISORY | $20,913 | — | $20,913 |
| FITZPATRICK, LEARY & SZARKO | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,913
- Estimated Expense Ratio: 0.303% 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 | $55,128 | $20,913 | $1,500 | — | — |
| 2023 | $43,116 | $17,268 | $1,100 | — | — |
| 2022 | $30,628 | $10,900 | $4,200 | — | $15,528 |