Plan Snapshot
- Plan Sponsor: Medical Associates Of The Lehigh Valley, P.C.
- Sponsor EIN: 232745779
- Sponsor Address: 1605 N. CEDAR CREST BLVD., ALLENTOWN, PA, 18104
- Plan Type: 401(k)
- Total Participants: 191
- Total Assets: $41.8M
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 | 191 | $41.8M | $955,911 | $1.3M |
| 2023 | 189 | $39.4M | $954,129 | $1.4M |
| 2022 | 187 | $35.0M | $844,099 | $1.3M |
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 |
|---|---|---|---|---|
| HERBEIN AND COMPANY, INC. | CONSULTANT | $15,250 | — | $15,250 |
| HERBEIN & COMPANY, INC. | Auditor | $236 | — | $236 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HERBEIN & COMPANY, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,486
- Estimated Expense Ratio: 0.037% 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 | $17,414 | $15,250 | — | $236 | — |
| 2023 | $17,100 | — | — | — | — |
| 2022 | $15,650 | — | — | — | — |