Plan Snapshot
- Plan Sponsor: Mediko, INC.
- Sponsor EIN: 541823521
- Sponsor Address: 3900 WESTERRE PARKWAY, SUITE 302, RICHMOND, VA, 23233
- Plan Type: 401(k)
- Total Participants: 417
- Total Assets: $4.4M
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 | 417 | $4.4M | $219,061 | $882,300 |
| 2023 | 432 | $3.7M | $2,384 | $864,310 |
| 2022 | 384 | $2.8M | $0 | $552,254 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH,PIERCE,FENNER & SMITH | Investment Advisor | $23,046 | — | $23,046 |
| RETIREMENT PLAN SOLUTIONS, INC. | Recordkeeper | $16,870 | $916 | $17,786 |
| EMPOWER ANNUITY INS. CO. OF AMERICA | Recordkeeper | $13,319 | — | $13,319 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RETIREMENT PLAN SOLUTIONS, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,151
- Estimated Expense Ratio: 1.235% 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 | $59,126 | $22,961 | — | — | — |
| 2023 | $44,197 | — | — | — | — |
| 2022 | $61,397 | — | $61,397 | — | — |