Plan Snapshot
- Plan Sponsor: Tandigm Physician Services, LLC
- Sponsor EIN: 232837433
- Sponsor Address: 412 CREAMERY WAY, EXTON, PA, 19341
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 140
- Total Assets: $618,099
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 140 | $618,099 | $2.4M | $1.3M |
| 2023 | 171 | $1.2M | $2.1M | $1.3M |
| 2022 | 152 | $1.4M | $1.9M | $1.1M |
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 |
|---|---|---|---|---|
| BROWN & BROWN PA | Investment Advisor | $88,110 | — | $88,110 |
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $34,439 | — | $34,439 |
| THE BENECON GROUP, LLC | Investment Advisor | $33,085 | — | $33,085 |
| CONNECTCARE3 | Other Service Provider | $10,755 | — | $10,755 |
| INNOVU | Other Service Provider | $8,239 | — | $8,239 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $174,628
- Estimated Expense Ratio: 28.252% 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 | $1,046,024 | $43,840 | $130,886 | — | — |
| 2023 | $927,127 | $32,084 | $112,011 | — | — |
| 2022 | $833,910 | $42,222 | $116,519 | — | — |