Plan Snapshot
- Plan Sponsor: Mb Medical Operations, LLC
- Sponsor EIN: 814488450
- Sponsor Address: 1400 NW 107 AVENUE, MIAMI, FL, 33142
- Plan Type: 401(k)
- Total Participants: 719
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 719 | $5.4M | $1.0M | $1.9M |
| 2023 | 699 | $2.8M | $710,583 | $1.2M |
| 2022 | 744 | $868,759 | $300,020 | $546,061 |
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 |
|---|---|---|---|---|
| PAAST | Auditor | — | — | $0 |
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 | $43,467 | — | — | — | — |
| 2023 | $25,282 | — | — | — | — |
| 2022 | $3,141 | — | $3,141 | — | — |