Plan Snapshot
- Plan Sponsor: Big Springs Medical Association,
- Sponsor EIN: 431068291
- Sponsor Address: 110 SOUTH SECOND STREET, ELLINGTON, MO, 63635
- Plan Type: 401(k)
- Total Participants: 262
- Total Assets: $6.8M
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 | 262 | $6.8M | $467,194 | $884,089 |
| 2023 | 265 | $5.3M | $434,785 | $813,185 |
| 2022 | 217 | $3.6M | $346,256 | $598,633 |
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 |
|---|---|---|---|---|
| PEAK AUDIT AND ACCOUNTING LLC | Auditor | — | — | $0 |
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 | $59,051 | $29,978 | — | — | — |
| 2023 | $43,338 | $21,775 | — | — | — |
| 2022 | $8,436 | — | — | — | — |