Plan Snapshot
- Plan Sponsor: Medworks, INC.
- Sponsor EIN: 352000863
- Sponsor Address: 2325 INTELLIPLEX DRIVE, SUITE 201, SHELBYVILLE, IN, 46176
- Plan Type: DC
- Total Participants: 354
- Total Assets: $45.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 354 | $45.2M | $1.4M | $1.6M |
| 2023 | 348 | $38.0M | $1.3M | $1.4M |
| 2022 | 340 | $30.5M | $1.1M | $1.3M |
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 |
|---|---|---|---|---|
| BLUE & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLUE & CO. — Auditor
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 | $61,436 | $18,740 | — | — | — |
| 2023 | $58,672 | $16,705 | — | — | — |
| 2022 | $52,518 | — | — | — | $52,518 |