Plan Snapshot
- Plan Sponsor: Buffalo Medical Group P.C.
- Sponsor EIN: 161000580
- Sponsor Address: 85 HIGH STREET, BUFFALO, NY, 14203
- Plan Type: 401(k)
- Total Participants: 977
- Total Assets: $217.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 977 | $217.9M | $6.4M | $7.2M |
| 2023 | 958 | $198.9M | $5.8M | $7.0M |
| 2022 | 895 | $180.2M | $5.6M | $6.5M |
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 |
|---|---|---|---|---|
| TRONCONI SEGARRA & ASSOCIATES | 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 | -$43,111 | $10,000 | — | — | — |
| 2023 | $79,977 | — | $30,821 | — | — |
| 2022 | -$17,590 | — | $28,270 | — | $20,000 |