Plan Snapshot
- Plan Sponsor: Essen Medical Associates, P.C.
- Sponsor EIN: 582501863
- Sponsor Address: P.O. BOX 788, HARTSDALE, NY, 10530
- Plan Type: 401(k)
- Total Participants: 1,480
- Total Assets: $21.5M
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 | 1,480 | $21.5M | $386,124 | $3.1M |
| 2023 | 1,156 | $15.7M | $234,430 | $2.2M |
| 2022 | 957 | $11.8M | $214,274 | $1.7M |
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 |
|---|---|---|---|---|
| MACIAS, GINI & O'CONNELL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MACIAS, GINI & O'CONNELL 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 | $11,554 | $3,148 | $1,200 | — | — |
| 2023 | $9,186 | $380 | — | — | — |
| 2022 | $1,005 | — | $1,005 | — | — |