Franklin Medical Consultants, P.C. 401(k) Plan

Form 5500 filing data for plan year 2024.

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)
  • Total Participants: 18
  • Total Assets: $2.7M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202418$2.7M$34,746$83,191
202315$2.3M$32,516$55,921
202222$1.9M-$3,744$53,686

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