Plan Snapshot
- Plan Sponsor: Medical Data System, INC.
- Sponsor EIN: 592926242
- Sponsor Address: 2001 9TH AVENUE, VERO BEACH, FL, 32960
- Plan Type: 401(k)
- Total Participants: 252
- Total Assets: $6.7M
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 | 252 | $6.7M | $163,986 | $617,464 |
| 2023 | 309 | $6.1M | $170,782 | $578,733 |
| 2022 | 314 | $4.9M | $113,000 | $561,793 |
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 |
|---|---|---|---|---|
| JACOBY AND HANDLEY PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JACOBY AND HANDLEY PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $45,843 | — | — | — | — |
| 2023 | $40,744 | — | — | — | — |
| 2022 | $41,738 | — | — | — | — |