Plan Snapshot
- Plan Sponsor: Medical Diagnostic Associates,PA
- Sponsor EIN: 221919006
- Sponsor Address: 21 COMMERCE DRIVE, CRANFORD, NJ, 07016
- Plan Type: 401(k)
- Total Participants: 64
- Total Assets: $18.6M
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 | 64 | $18.6M | $571,541 | $444,225 |
| 2023 | 68 | $17.2M | $623,906 | $611,513 |
| 2022 | 93 | $25.8M | $897,487 | $683,453 |
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 |
|---|---|---|---|---|
| TROPEANO & MCGRADY | Auditor | — | — | $0 |
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 | $1,744 | — | $1,744 | — | — |
| 2023 | $24,438 | — | $24,438 | — | — |
| 2022 | $5,635 | — | $5,635 | — | — |