Plan Snapshot
- Plan Sponsor: Maimonides Medical Center
- Sponsor EIN: 111635081
- Sponsor Address: 4802 TENTH AVENUE, BROOKLYN, NY, 112192999
- Plan Type: DB
- Total Participants: 613
- Total Assets: $155.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 613 | $155.3M | $5.0M | $0 |
| 2023 | 629 | $156.6M | $4.3M | $0 |
| 2022 | 665 | $142.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| MILLIMAN, INC. | NONE | $365,008 | — | $365,008 |
| BLACKROCK INSTITUTIONAL TRUST CO. | NONE | $82,586 | — | $82,586 |
| MCDERMOTT WILL & EMERY LLP | NONE | $62,209 | — | $62,209 |
| BANK OF AMERICA | NONE | $57,632 | — | $57,632 |
| KELLEY DRYE | NONE | $18,242 | — | $18,242 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — NONE
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $585,677
- Estimated Expense Ratio: 0.377% 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 | $2,092,782 | $82,586 | — | — | — |
| 2023 | $1,851,935 | $60,098 | — | — | — |
| 2022 | $1,875,096 | $119,759 | — | — | $425,183 |