Plan Snapshot
- Plan Sponsor: Medical Practice Consortium
- Sponsor EIN: 832817001
- Sponsor Address: 322 CANAL WALK, INDIANAPOLIS, IN, 462023278
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 909
- Total Assets: $13.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 909 | $13.3M | $11.9M | $0 |
| 2023 | 836 | $14.8M | $10.0M | $0 |
| 2022 | 807 | $15.6M | $10.0M | $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 |
|---|---|---|---|---|
| ANTHEM INSURANCE COMPANIES, INC | Other Service Provider | $827,322 | — | $827,322 |
| INDIANA STATE MEDICAL ASSOC INS AGY | Other Service Provider | $323,341 | — | $323,341 |
| EPIPHANYRX | Other Service Provider | $252,700 | — | $252,700 |
| LHD BENEFITS ADVISORS | Other Service Provider | $142,800 | — | $142,800 |
| BOSE, MCKINNEY & EVANS LLP | ERISA Attorney | $110,242 | — | $110,242 |
| MILLIMAN, INC. | Recordkeeper | $54,884 | — | $54,884 |
| ARTHUR J GALLAGHER & CO | Investment Advisor | $44,296 | — | $44,296 |
| CLK SOLUTIONS LLC | Other Service Provider | $39,835 | — | $39,835 |
| VITAL INCITE, LLC | Other Service Provider | $29,714 | — | $29,714 |
| DELTA DENTAL OF INDIANA | Recordkeeper | $27,403 | — | $27,403 |
| BRADY WARE RKN | Other Service Provider | $25,100 | — | $25,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOSE, MCKINNEY & EVANS LLP — ERISA Attorney
- MILLIMAN, INC. — Recordkeeper
- ARTHUR J GALLAGHER & CO — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,877,637
- Estimated Expense Ratio: 14.083% 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 | $2,179,420 | $76,565 | $1,575,926 | $25,260 | — |
| 2023 | $1,857,060 | $69,915 | $1,462,350 | $23,905 | — |
| 2022 | $1,685,692 | $49,855 | — | — | $1,635,837 |