Plan Snapshot
- Plan Sponsor: Marion County Medical Society INC. Insurance Trust Fund
- Sponsor EIN: 844350072
- Sponsor Address: P.O. BOX 270, OCALA, FL, 34478
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 5,380
- Total Assets: $3.4M
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 | 5,380 | $3.4M | $39.7M | $316,276 |
| 2023 | 5,076 | $7.1M | $39.9M | $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 |
|---|---|---|---|---|
| PURVIS, GRAY AND COMPANY, LLP | Auditor | $42,400 | — | $42,400 |
| CONNER & WINTERS, LLP | ERISA Attorney | $30,940 | — | $30,940 |
| MILLIMAN INTELLISCRIPT | Actuary | $19,817 | — | $19,817 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CONNER & WINTERS, LLP — ERISA Attorney
- MILLIMAN INTELLISCRIPT — Actuary
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,157
- Estimated Expense Ratio: 2.741% 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 | $97,545 | — | — | $42,400 | — |
| 2023 | $76,170 | — | $28,360 | $12,700 | — |