Plan Snapshot
- Plan Sponsor: Tri-City Cardiology Consultants, P.C.
- Sponsor EIN: 860516994
- Sponsor Address: 6343 EAST MAIN STREET, MESA, AZ, 85205
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 473
- Total Assets: $49.9M
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. |
|---|---|---|---|---|
| 2025 | 473 | $49.9M | $0 | $0 |
| 2024 | 292 | $44.9M | $1.9M | $1.3M |
| 2023 | 238 | $36.6M | $1.7M | $1.1M |
| 2022 | 211 | $29.2M | $1.3M | $915,805 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $69,996 | — | $69,996 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $54,794 | $19 | $54,813 |
| KRAVITZ INC | Recordkeeper | $7,534 | $22,748 | $30,282 |
| HOLTHHOUSE CARLIN & VAN TRIGT | Auditor | $15,198 | — | $15,198 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $170,289
- Estimated Expense Ratio: 0.341% 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 | $5,868,903 | $54,794 | $77,529 | $15,200 | — |
| 2024 | $115,150 | $46,132 | $54,018 | $15,000 | — |
| 2023 | $94,571 | $36,346 | $43,223 | $15,002 | — |
| 2022 | $87,167 | — | — | — | $87,167 |