Plan Snapshot
- Plan Sponsor: Medbest Medical Management, INC.
- Sponsor EIN: 161504941
- Sponsor Address: 251 SALINA MEADOWS PARKWAY, STE 100, SYRACUSE, NY, 13212
- Plan Type: 401(k)
- Total Participants: 728
- Total Assets: $55.9M
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 | 728 | $55.9M | $3.3M | $3.1M |
| 2023 | 694 | $49.2M | $2.9M | $3.0M |
| 2022 | 657 | $42.0M | $2.6M | $2.7M |
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 |
|---|---|---|---|---|
| VARIABLE ANNUITY LIFE INSURANCE CO. | NONE | $167,515 | — | $167,515 |
| CUOMO, WINTERS & SCHMIDT, CPAS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $167,515
- Estimated Expense Ratio: 0.300% 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 | $167,515 | — | — | — | — |
| 2023 | $154,845 | — | — | — | — |
| 2022 | $141,445 | — | $135,715 | — | — |