Plan Snapshot
- Plan Sponsor: Brothers Of Mercy Nursing Home Company, INC. Dba Brothers Of Mercy Nur
- Sponsor EIN: 237155198
- Sponsor Address: 10570 BERGTOLD RD, CLARENCE, NY, 14031
- Plan Type: 401(k)
- Total Participants: 541
- Total Assets: $12.5M
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 | 541 | $12.5M | $216,295 | $718,327 |
| 2023 | 434 | $11.3M | $308,100 | $680,470 |
| 2022 | 414 | $10.8M | $192,814 | $664,381 |
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 |
|---|---|---|---|---|
| FREED MAXICK, PC | 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 | $56,489 | $178 | $55,611 | — | — |
| 2023 | $49,321 | — | — | — | — |
| 2022 | $46,092 | — | $46,092 | — | — |