Plan Snapshot
- Plan Sponsor: Medico Construction Equipment, INC.
- Sponsor EIN: 843329376
- Sponsor Address: 1510 HIGHWAY 315, WILKES-BARRE, PA, 18702
- Plan Type: 401(k)
- Total Participants: 132
- Total Assets: $11.8M
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 | 132 | $11.8M | $191,540 | $558,665 |
| 2023 | 121 | $11.0M | $168,645 | $499,068 |
| 2022 | 86 | $10.3M | $195,083 | $483,882 |
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 |
|---|---|---|---|---|
| KRONICK KALADA BERDY & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KRONICK KALADA BERDY & CO — Auditor
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 | $31,071 | $611 | — | — | — |
| 2023 | $27,991 | $72 | — | — | — |
| 2022 | $23,603 | $22,349 | $1,254 | — | — |