Plan Snapshot
- Plan Sponsor: Medical Priority Consultants, INC.
- Sponsor EIN: 870447422
- Sponsor Address: 110 S. REGENT STREET, SALT LAKE CITY, UT, 84111
- Plan Type: 401(k)
- Total Participants: 256
- Total Assets: $28.7M
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 | 256 | $28.7M | $1.5M | $2.3M |
| 2023 | 238 | $24.2M | $1.3M | $1.9M |
| 2022 | 197 | $18.2M | $1.0M | $1.5M |
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 |
|---|---|---|---|---|
| SOLTIS INVESTMENT ADVISORS LLC | INVESTMENT ADV/ADVISOR | $57,873 | — | $57,873 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $45,780 | — | $45,780 |
| TANNER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SOLTIS INVESTMENT ADVISORS LLC — INVESTMENT ADV/ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- TANNER, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,653
- Estimated Expense Ratio: 0.362% 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 | $103,653 | $42,257 | — | — | — |
| 2023 | $110,589 | $68,654 | — | — | — |
| 2022 | $82,138 | — | — | — | — |