Plan Snapshot
- Plan Sponsor: Educational Commission For Foreign Medical Graduates
- Sponsor EIN: 362367980
- Sponsor Address: 3624 MARKET STREET, PHILADELPHIA, PA, 19104
- Plan Type: 403(b)
- Total Participants: 347
- Total Assets: $100.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 347 | $100.8M | $3.6M | $2.0M |
| 2023 | 342 | $88.4M | $3.1M | $1.8M |
| 2022 | 289 | $73.1M | $2.6M | $1.6M |
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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
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 | $132,492 | $122,844 | $9,648 | — | — |
| 2023 | $116,496 | $108,475 | $8,021 | — | — |
| 2022 | $114,287 | $99,998 | $14,289 | — | — |