Plan Snapshot
- Plan Sponsor: Y-Prime LLC
- Sponsor EIN: 205742651
- Sponsor Address: 9 GREAT VALLEY PARKWAY, MALVERN, PA, 19355
- Plan Type: 401(k)
- Total Participants: 281
- Total Assets: $32.2M
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 | 281 | $32.2M | $1.4M | $3.3M |
| 2023 | 323 | $25.2M | $1.3M | $3.0M |
| 2022 | 299 | $17.9M | $1.0M | $2.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $56,654 | — | $56,654 |
| ALERA INVESTMENT ADVISORS LLC | Investment Advisor | $20,000 | — | $20,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $12,398 | — | $12,398 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- ALERA INVESTMENT ADVISORS LLC — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,052
- Estimated Expense Ratio: 0.277% 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 | $89,052 | $32,398 | — | — | — |
| 2023 | $77,287 | $32,849 | — | — | — |
| 2022 | $55,621 | $7,721 | — | — | — |