Plan Snapshot
- Plan Sponsor: Applied Medical Technologies, INC.
- Sponsor EIN: 561921532
- Sponsor Address: 2179 E LYON STATION RD, CREEDMOOR, NC, 27522
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $8.3M
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 | 124 | $8.3M | $323,588 | $385,263 |
| 2023 | 149 | $7.3M | $310,608 | $372,068 |
| 2022 | 129 | $5.9M | $278,369 | $333,026 |
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 |
|---|---|---|---|---|
| MVP PLAN ADMINISTRATORS, INC. | RECORDKEEPER | $6,354 | — | $6,354 |
| GORDON ASSET MANAGEMENT | INVESTMENT ADVISOR | $5,483 | — | $5,483 |
| STANCIL PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GORDON ASSET MANAGEMENT — INVESTMENT ADVISOR
- STANCIL PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,837
- Estimated Expense Ratio: 0.143% 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 | $14,110 | $5,483 | — | — | — |
| 2023 | $3,158 | — | $1,468 | — | — |
| 2022 | $5,021 | $1,904 | $3,117 | — | — |