Plan Snapshot
- Plan Sponsor: Medical Knowledge Group LLC
- Sponsor EIN: 201200849
- Sponsor Address: 285 FULTON STREET, SUITE 84K, NEW YORK, NY, 100070089
- Plan Type: 401(k)
- Total Participants: 616
- Total Assets: $60.2M
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 | 616 | $60.2M | $1.5M | $5.2M |
| 2023 | 629 | $50.9M | $1.5M | $5.0M |
| 2022 | 534 | $34.3M | $1.2M | $3.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $145,263 | — | $145,263 |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISORY | — | $61,391 | $61,391 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — INVESTMENT ADVISORY
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $206,654
- Estimated Expense Ratio: 0.343% 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 | $145,264 | — | $145,264 | — | — |
| 2023 | $122,433 | — | $122,433 | — | — |
| 2022 | $96,159 | — | $96,159 | — | — |