Plan Snapshot
- Plan Sponsor: Meadville Medical Center
- Sponsor EIN: 251512436
- Sponsor Address: 751 LIBERTY STREET, MEADVILLE, PA, 16335
- Plan Type: 403(b)
- Total Participants: 1,839
- Total Assets: $167.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 1,839 | $167.9M | $2.8M | $7.1M |
| 2023 | 1,708 | $149.0M | $2.6M | $6.4M |
| 2022 | 1,597 | $127.1M | $2.6M | $6.2M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | NONE | $81,974 | — | $81,974 |
| CAMBRIDGE INV. RESEARCH ADV., INC. | NONE | $66,589 | — | $66,589 |
| VALIC RETIREMENT SERVIES COMPANY | NONE | $54,970 | — | $54,970 |
| FELTZ WEALTH PLAN | NONE | $49,674 | — | $49,674 |
| MCGILL POWER BELL & ASSOCIATES, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $253,207
- Estimated Expense Ratio: 0.151% 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 | $253,207 | $198,237 | $54,970 | — | — |
| 2023 | $213,190 | $148,826 | $64,364 | — | — |
| 2022 | $263,847 | $142,119 | $121,728 | — | — |