# Medical Faculty Associates, INC. DC Plan
Source: https://planprovider.pro/companies/medical-faculty-associates-inc-plan-002

> Medical Faculty Associates, INC.'s DC plan: 1,567 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Medical Faculty Associates, INC.

- **Sponsor EIN:** 522220700

- **Sponsor Address:** 2150 PENNSYLVANIA AVENUE NW, WASHINGTON, DC, 20006

- **Plan Type:** DC

- **Total Participants:** 1,567

- **Total Assets:** $345.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|1,567|$345.1M|$7.8M|$14.1M|

| 2023|1,696|$302.1M|$7.7M|$13.8M|

| 2022|1,612|$249.5M|$7.8M|$12.3M|

## 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|

| GROOM LAW GROUP, CHARTERED|NONE|$124,290|—|$124,290|

| STRATEGIC ADVISORS, INC|NONE|$23,661|—|$23,661|

| GRANT THORNTON LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GROOM LAW GROUP, CHARTERED](https://planprovider.pro/provider/groom-law-group) — NONE

- [STRATEGIC ADVISORS, INC](https://planprovider.pro/provider/creative-planning) — NONE

- [GRANT THORNTON LLP](https://planprovider.pro/provider/grant-thornton-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $147,951

- **Estimated Expense Ratio:** 0.043% 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|$148,326|$23,661|$375|—|—|

| 2023|$159,626|$91,149|$400|$14,595|—|

| 2022|$200|—|$200|—|—|

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