Plan Snapshot
- Plan Sponsor: Med-Fast Pharmacy, INC.
- Sponsor EIN: 251631348
- Sponsor Address: 2003 SHEFFIELD ROAD, ALIQUIPPA, PA, 15001
- Plan Type: 401(k)
- Total Participants: 47
- Total Assets: $5.5M
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 | 47 | $5.5M | $68,229 | $148,244 |
| 2023 | 51 | $5.2M | $71,174 | $121,144 |
| 2022 | 53 | $5.1M | $78,013 | $129,675 |
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 |
|---|---|---|---|---|
| CYPHER AND CYPHER, INC. | 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 | $15,556 | — | $15,556 | — | — |
| 2023 | $48,505 | — | $48,505 | — | — |
| 2022 | $15,323 | — | — | — | $15,323 |