# Medico Construction Equipment, INC. 401(k) Plan
Source: https://planprovider.pro/companies/medico-construction-equipment-inc-401k-plan

> Medico Construction Equipment, INC.'s 401(k) plan: 132 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/kronick-kalada-berdy-and-co-pc) — 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|—|—|

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