Plan Snapshot
- Plan Sponsor: Psychological Assessment Resources
- Sponsor EIN: 591913294
- Sponsor Address: 16204 NORTH FLORIDA AVENUE, LUTZ, FL, 33549
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 146
- Total Assets: $27.2M
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 | 146 | $27.2M | $0 | $0 |
| 2024 | 107 | $24.7M | $880,372 | $1.1M |
| 2023 | 106 | $21.8M | $881,916 | $949,332 |
| 2022 | 96 | $17.8M | $757,185 | $783,611 |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | Investment Advisor | $35,534 | — | $35,534 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $24,273 | — | $24,273 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $9,844 | — | $9,844 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,651
- Estimated Expense Ratio: 0.257% 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 | $3,073,293 | $45,378 | — | — | — |
| 2024 | $2,151,184 | — | — | — | — |
| 2023 | $1,437,214 | — | — | — | — |
| 2022 | $2,947,883 | — | — | — | — |