# Maimonides Medical Center DB Plan
Source: https://planprovider.pro/companies/maimonides-medical-center-plan-005

> Maimonides Medical Center's DB plan: 613 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/milliman) — NONE

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/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|

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