Plan Snapshot
- Plan Sponsor: Medical Rehabilitation Centers, LLC
- Sponsor EIN: 611223991
- Sponsor Address: 1050 CHINOE ROAD, SUITE 350, LEXINGTON, KY, 40502
- Plan Type: 401(k)
- Total Participants: 917
- Total Assets: $18.4M
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 | 917 | $18.4M | $1.6M | $3.0M |
| 2023 | 1,799 | $15.8M | $1.8M | $3.2M |
| 2022 | 1,429 | $11.4M | $1.2M | $2.1M |
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 |
|---|---|---|---|---|
| CENTRAL BANK & TRUST COMPANY | Other Service Provider | — | $41,258 | $41,258 |
| SALTMARSH CLEAVELAND AND GUND | Other Service Provider | $19,200 | — | $19,200 |
| MCGREGOR AND ASSOCIATES | Recordkeeper | $8,189 | $8,554 | $16,743 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,201
- Estimated Expense Ratio: 0.419% 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 | $122,810 | — | — | — | — |
| 2023 | $105,293 | — | — | — | — |
| 2022 | $54,163 | — | — | — | $54,163 |