Plan Snapshot
- Plan Sponsor: Medely, INC.
- Sponsor EIN: 474369070
- Sponsor Address: 2355 WESTWOOD BLVD, SUITE 412, LOS ANGELES, CA, 90064
- Plan Type: 401(k)
- Total Participants: 195
- Total Assets: $8.0M
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 | 195 | $8.0M | $420,510 | $1.7M |
| 2023 | 396 | $6.2M | $526,860 | $2.1M |
| 2022 | 691 | $2.4M | $215,560 | $893,388 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $61,813 | — | $61,813 |
| PENSION ASSURANCE LLP | AUDITOR | $14,000 | — | $14,000 |
| WORLD INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $5,101 | — | $5,101 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,914
- Estimated Expense Ratio: 1.007% 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 | $80,914 | $5,101 | — | $14,000 | — |
| 2023 | $34,087 | — | — | — | — |
| 2022 | $6,419 | — | $6,419 | — | — |