Plan Snapshot
- Plan Sponsor: Medical Depot, INC. Drive Medical Design & Manufacturing
- Sponsor EIN: 113525013
- Sponsor Address: 99 SEAVIEW BLVD SUITE 210, PORT WASHINGTON, NY, 11050
- Plan Type: 401(k)
- Total Participants: 864
- Total Assets: $77.6M
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 | 864 | $77.6M | $1.5M | $5.4M |
| 2023 | 850 | $65.1M | $1.5M | $4.8M |
| 2022 | 808 | $58.1M | $1.4M | $4.7M |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $75,414 | — | $75,414 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $67,545 | — | $67,545 |
| TRACHTENBERG & PAULKER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — INVESTMENT ADVISOR
- TRACHTENBERG & PAULKER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,959
- Estimated Expense Ratio: 0.184% 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 | $145,635 | $70,221 | — | — | — |
| 2023 | $199,366 | $39,960 | $116,501 | — | — |
| 2022 | $230,927 | $90,127 | $140,800 | — | — |