Plan Snapshot
- Plan Sponsor: Bethany Medical Center, P.A.
- Sponsor EIN: 561564485
- Sponsor Address: 507 LINDSAY ST, HIGH POINT, NC, 27262
- Plan Type: 401(k)
- Total Participants: 299
- Total Assets: $5.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 299 | $5.1M | $170,727 | $1.1M |
| 2023 | 290 | $3.9M | $155,042 | $1.1M |
| 2022 | 260 | $2.3M | $133,429 | $823,867 |
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 |
|---|---|---|---|---|
| GILLIAM BELL MOSER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GILLIAM BELL MOSER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $58,588 | $23,156 | $35,432 | — | — |
| 2023 | $46,457 | $15,245 | $31,212 | — | — |
| 2022 | $34,244 | $9,584 | $24,660 | — | — |