Plan Snapshot
- Plan Sponsor: Medical Arts Sanitarium, INC.
- Sponsor EIN: 131030650
- Sponsor Address: 159-05 UNION TURNPIKE, FRESH MEADOWS, NY, 11366
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $11.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 197 | $11.3M | $0 | $594,802 |
| 2023 | 189 | $11.3M | $0 | $582,943 |
| 2022 | 177 | $46.6M | $146,650 | $622,322 |
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 |
|---|---|---|---|---|
| MORNINGSTAR | Recordkeeper | — | $5,641 | $5,641 |
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | — | $5,641 | $5,641 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORNINGSTAR — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,282
- Estimated Expense Ratio: 0.100% 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 | $6,100 | — | $6,050 | — | — |
| 2023 | $7,300 | — | $7,300 | — | — |
| 2022 | $6,525 | — | $6,525 | — | — |