Plan Snapshot
- Plan Sponsor: Medical Management Professiona
- Sponsor EIN: 455496440
- Sponsor Address: 304 WAINWRIGHT DR, NORTHBROOK, IL, 600621900
- Plan Type: 401(k)
- Total Participants: 529
- Total Assets: $3.5M
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 | 529 | $3.5M | $0 | $1.1M |
| 2023 | 460 | $2.7M | $0 | $888,098 |
| 2022 | 347 | $1.6M | $0 | $672,347 |
| 2020 | 303 | $808,753 | $0 | $0 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $12,813 | — | $12,813 |
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,813
- Estimated Expense Ratio: 0.363% 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 | $14,977 | $1,514 | $12,603 | — | — |
| 2023 | $10,577 | $996 | $8,721 | — | — |
| 2022 | $7,747 | $711 | $7,036 | — | — |
| 2020 | $6,562 | $206 | $6,356 | — | — |