Plan Snapshot
- Plan Sponsor: Mayfield Clinic, INC.
- Sponsor EIN: 310588183
- Sponsor Address: 3825 EDWARDS ROAD, CINCINNATI, OH, 45209
- Plan Type: 401(k)
- Total Participants: 294
- Total Assets: $73.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 294 | $73.0M | $2.2M | $2.4M |
| 2023 | 263 | $64.6M | $2.1M | $2.2M |
| 2022 | 242 | $54.3M | $1.9M | $1.9M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $88,762 | — | $88,762 |
| FOSTER & MOTLEY INC | NONE | $32,097 | — | $32,097 |
| MARINER LLC | NONE | $18,814 | — | $18,814 |
| FOURTH STREET PERFORMANCE PART | NONE | $12,500 | — | $12,500 |
| SCROGGINSGREAR, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $152,173
- Estimated Expense Ratio: 0.209% 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 | $152,522 | $81,292 | — | — | — |
| 2023 | $140,219 | $81,136 | — | — | — |
| 2022 | $167,285 | $83,040 | — | — | — |