Plan Snapshot
- Plan Sponsor: Medici Technologies, LLC
- Sponsor EIN: 811053040
- Sponsor Address: 7500 RIALTO BLVD. BLDG I, STE 260, AUSTIN, TX, 78735
- Plan Type: 401(k)
- Total Participants: 187
- Total Assets: $6.6M
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 | 187 | $6.6M | $124,752 | $918,455 |
| 2023 | 243 | $5.3M | $129,275 | $759,962 |
| 2022 | 175 | $3.9M | $70,246 | $671,617 |
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 |
|---|---|---|---|---|
| ALERA INVESTMENT ADVISORS | Investment Advisor | $23,578 | — | $23,578 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERA INVESTMENT ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,578
- Estimated Expense Ratio: 0.358% 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 | $46,812 | $24,029 | $20,283 | — | — |
| 2023 | $36,203 | $18,682 | $15,396 | — | — |
| 2022 | $35,061 | $18,725 | $16,336 | — | — |