Plan Snapshot
- Plan Sponsor: Franklin Medical Consultants, P.C.
- Sponsor EIN: 381893164
- Sponsor Address: 29829 TELEGRAPH ROAD, SUITE 100, SOUTHFIELD, MI, 480347655
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 30
- Total Assets: $3.2M
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. |
|---|
| 2025 | 30 | $3.2M | $0 | $0 |
| 2024 | 18 | $2.7M | $34,746 | $83,191 |
| 2023 | 24 | $2.3M | $32,516 | $55,921 |
| 2022 | 17 | $1.9M | -$3,744 | $53,686 |