Plan Snapshot
- Plan Sponsor: Medico, LLC
- Sponsor EIN: 720751306
- Sponsor Address: 762 AVERY BLVD NORTH, RIDGELAND, MS, 39157
- Plan Type: 401(k)
- Total Participants: 3,282
- Total Assets: $6.5M
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 | 3,282 | $6.5M | $944,458 | $2.2M |
| 2023 | 3,207 | $3.8M | $750,000 | $1.6M |
| 2022 | 3,595 | $1.3M | $562,056 | $786,581 |
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 |
|---|---|---|---|---|
| BMSS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BMSS, LLC — 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 | $128,303 | $44,559 | — | — | — |
| 2023 | $64,225 | $19,408 | — | — | — |
| 2022 | $13,058 | — | — | — | — |