Plan Snapshot
- Plan Sponsor: Federation Of State Medical Boards Of The United States, INC.
- Sponsor EIN: 751092490
- Sponsor Address: 400 FULLER WISER ROAD, EULESS, TX, 760393855
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $44.3M
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 | 157 | $44.3M | $2.0M | $881,214 |
| 2023 | 155 | $39.2M | $1.8M | $807,634 |
| 2022 | 138 | $31.8M | $1.6M | $746,766 |
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 |
|---|---|---|---|---|
| RETIREMENTPLANS.COM LLC | CONTRACT ADMIN | $52,268 | — | $52,268 |
| RAYMOND JAMES ASSOCIATES INC | INVESTMENT ADVISOR | $32,843 | — | $32,843 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGEMENT | $17,626 | — | $17,626 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,737
- Estimated Expense Ratio: 0.232% 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 | $107,688 | — | — | — | — |
| 2023 | $81,502 | — | — | — | — |
| 2022 | $80,226 | $80,226 | — | — | — |