# Medicraft, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/medicraft-inc-581944756-502

> Medicraft, INC.'s Health & Welfare plan: 72 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Medicraft, INC.

- **Sponsor EIN:** 581944756

- **Sponsor Address:** 3284 NORTHSIDE PARKWAY NORTHWEST, ATLANTA, GA, 30327

- **Plan Type:** Health & Welfare

- **Plan Number:** 502

- **Total Participants:** 72

- **Total Assets:** $186,099

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|72|$186,099|$442,430|$696,968|

| 2023|82|$3,080|$110,378|$144,744|

| 2022|80|$46,941|$374,851|$624,433|

## 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|

| EBMS, INC.|Other Service Provider|$55,657|—|$55,657|

| ATHENS INSURANCE|Investment Advisor|$31,990|—|$31,990|

| THE BENECON GROUP, LLC|Investment Advisor|$18,216|—|$18,216|

| CONNECTCARE3|Other Service Provider|$5,137|—|$5,137|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $111,000

- **Estimated Expense Ratio:** 59.646% 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|$891,568|—|—|—|—|

| 2023|$347,673|—|—|—|—|

| 2022|$1,035,228|—|—|—|—|

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