Plan Snapshot
- Plan Sponsor: Mclennan County Medical Education & Research Foundation Dba Waco Fami
- Sponsor EIN: 741873453
- Sponsor Address: 1600 PROVIDENCE DRIVE, WACO, TX, 76707
- Plan Type: 403(b)
- Plan Number: 004
- Total Participants: 726
- Total Assets: $27.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 726 | $27.0M | $0 | $0 |
| 2024 | 731 | $23.0M | $0 | $2.4M |
| 2023 | 673 | $20.4M | $0 | $2.0M |
| 2022 | 598 | $16.1M | $0 | $2.0M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Other Service Provider | $104,277 | — | $104,277 |
| DISCIPLINED INVESTORS LLC | Investment Advisor | $10,074 | — | $10,074 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $5,410 | — | $5,410 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,761
- Estimated Expense Ratio: 0.444% 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 |
|---|---|---|---|---|---|
| 2025 | $4,343,600 | $10,074 | — | — | — |
| 2024 | $107,669 | — | $107,669 | — | — |
| 2023 | $98,711 | — | $98,711 | — | — |
| 2022 | $95,820 | — | $95,820 | — | — |