Plan Snapshot
- Plan Sponsor: Brain & Spine Medical Services, PLLC
- Sponsor EIN: 161583997
- Sponsor Address: 400 INTERNATIONAL DRIVE, WILLIAMSVILLE, NY, 14221
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $7.1M
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 | 146 | $7.1M | $234,231 | $534,220 |
| 2023 | 157 | $6.2M | $240,859 | $568,469 |
| 2022 | 147 | $5.1M | $230,025 | $488,122 |
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 |
|---|---|---|---|---|
| CHIAMPOU TRAVIS BESAW&KERSHNER LLP | 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 | $37,740 | $19,000 | — | — | — |
| 2023 | $21,095 | $6,147 | — | — | — |
| 2022 | $25,093 | $12,228 | — | — | — |