Plan Snapshot
- Plan Sponsor: Healthmark Medical Group, LLC Dba Healthmark Group, LLC
- Sponsor EIN: 364581087
- Sponsor Address: 3300 OLYMPUS BLVD STE 230, COPPELL, TX, 75019
- Plan Type: 401(k)
- Total Participants: 633
- Total Assets: $6.1M
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 | 633 | $6.1M | $470,364 | $837,705 |
| 2023 | 517 | $5.0M | $362,408 | $702,986 |
| 2022 | 446 | $2.7M | $256,282 | $461,825 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $37,906 | — | $37,906 |
| USI SECURITIES, INC. | Investment Advisor | — | $13,034 | $13,034 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,940
- Estimated Expense Ratio: 0.833% 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 | $39,045 | $1,139 | — | — | — |
| 2023 | $25,531 | $510 | — | — | — |
| 2022 | $14,974 | — | $14,974 | — | — |