Plan Snapshot
- Plan Sponsor: International Medical Industries, INC.
- Sponsor EIN: 650699701
- Sponsor Address: 2981 GATEWAY DRIVE, POMPANO BEACH, FL, 33069
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $2.3M
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 | 138 | $2.3M | $210,019 | $380,567 |
| 2023 | 116 | $1.9M | $209,027 | $364,461 |
| 2022 | 131 | $1.5M | $199,096 | $342,381 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPAN,LLP | Auditor | — | — | $0 |
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 | $19,133 | $712 | — | — | — |
| 2023 | $16,112 | $465 | — | — | — |
| 2022 | $12,146 | $158 | $11,988 | — | — |