Plan Snapshot
- Plan Sponsor: Medical Review Of North Carolina, INC.
- Sponsor EIN: 581567854
- Sponsor Address: 3600 GLENWOOD AVENUE SUITE 120, RALEIGH, NC, 27612
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $15.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 85 | $15.4M | $247,656 | $388,639 |
| 2023 | 70 | $13.1M | $221,672 | $350,051 |
| 2022 | 67 | $11.4M | $150,154 | $358,549 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $27,600 | $27,350 | — | — | — |
| 2023 | $24,415 | $23,865 | — | — | — |
| 2022 | $27,411 | — | $27,411 | — | — |