Plan Snapshot
- Plan Sponsor: Medcor, INC.
- Sponsor EIN: 363329823
- Sponsor Address: 4805 WEST PRIME PARKWAY, MCHENRY, IL, 600517002
- Plan Type: 401(k)
- Total Participants: 2,315
- Total Assets: $47.2M
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 | 2,315 | $47.2M | $961,471 | $4.0M |
| 2023 | 2,187 | $43.1M | $1.0M | $4.2M |
| 2022 | 1,047 | $38.6M | $1.1M | $4.4M |
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 |
|---|---|---|---|---|
| FIRST AMERICAN BANK | NONE | $52,393 | — | $52,393 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,393
- Estimated Expense Ratio: 0.111% 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 | $52,393 | — | — | — | — |
| 2023 | $52,128 | — | — | — | — |
| 2022 | $43,746 | — | — | — | $43,746 |