Plan Snapshot
- Plan Sponsor: Mecklenburg Radiology Associates, P.A.
- Sponsor EIN: 560945616
- Sponsor Address: 3623 LATROBE DR., CHARLOTTE, NC, 28211
- Plan Type: 401(k)
- Total Participants: 128
- Total Assets: $93.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 128 | $93.3M | $2.9M | $2.1M |
| 2023 | 127 | $80.0M | $3.0M | $2.1M |
| 2022 | 126 | $80.5M | $2.7M | $1.8M |
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 | $35,681 | — | $35,681 |
| PRIME CAPITAL INVESTMENT ADVIS | NONE | $26,252 | — | $26,252 |
| CAPFINANCIAL PARTNERS, LLC | NONE | $16,677 | — | $16,677 |
| MAI CAPITAL MANAGEMENT LLC | NONE | $6,652 | — | $6,652 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,262
- Estimated Expense Ratio: 0.091% 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 | $86,519 | $53,123 | — | — | — |
| 2023 | $65,491 | $36,932 | — | — | — |
| 2022 | $96,284 | $36,049 | — | — | — |