Plan Snapshot
- Plan Sponsor: Consolidated Medical Practices Of Memphis, PLLC
- Sponsor EIN: 262851160
- Sponsor Address: 1555 LYNNFIELD ROAD - STE 200, MEMPHIS, TN, 38119
- Plan Type: 401(k)
- Total Participants: 351
- Total Assets: $39.3M
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 | 351 | $39.3M | $687,654 | $1.4M |
| 2023 | 337 | $32.9M | $647,566 | $1.6M |
| 2022 | 312 | $26.7M | $646,445 | $1.5M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | NONE | $89,231 | — | $89,231 |
| BDC ADVISORY, LLC | NONE | $36,836 | — | $36,836 |
| CANNON WRIGHT BLOUNT, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,067
- Estimated Expense Ratio: 0.321% of plan assets
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 | $127,384 | $37,695 | — | — | — |
| 2023 | $101,099 | $29,467 | — | — | — |
| 2022 | $94,789 | $27,676 | — | — | — |