# Med-Metrix LLC 401(k) Plan
Source: https://planprovider.pro/companies/med-metrix-llc-401k-plan

> Med-Metrix LLC's 401(k) plan: 2,088 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Med-Metrix LLC

- **Sponsor EIN:** 273479401

- **Sponsor Address:** 9 ENTIN ROAD, PARSIPPANY, NJ, 070545000

- **Plan Type:** 401(k)

- **Total Participants:** 2,088

- **Total Assets:** $74.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|2,088|$74.9M|$3.5M|$6.6M|

| 2023|1,414|$32.6M|$2.4M|$4.3M|

| 2022|787|$17.2M|$1.7M|$3.1M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$332,974|—|$332,974|

| OSAIC WEALTH INC|OTHER SERVICES|—|$92,299|$92,299|

| GRASSI & CO., CPAS, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [OSAIC WEALTH INC](https://planprovider.pro/provider/royal-alliance-associates-inc) — OTHER SERVICES

- [GRASSI & CO., CPAS, P.C.](https://planprovider.pro/provider/grassi-and-co-cpas-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $425,273

- **Estimated Expense Ratio:** 0.568% 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|$332,975|—|$332,975|—|—|

| 2023|$170,533|—|$170,533|—|—|

| 2022|$121,222|—|$121,222|—|—|

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