Plan Snapshot
- Plan Sponsor: Medisys Health Network, INC.
- Sponsor EIN: 113316802
- Sponsor Address: 8900 VAN WYCK EXPRESSWAY, JAMAICA, NY, 11418
- Plan Type: 403(b)
- Total Participants: 6,347
- Total Assets: $386.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,347 | $386.7M | $3.8M | $22.9M |
| 2023 | 6,087 | $345.6M | $3.1M | $20.6M |
| 2022 | 5,686 | $298.6M | $3.2M | $19.1M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
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 | $925,037 | $533,314 | $15,330 | — | — |
| 2023 | $780,939 | $453,591 | $100 | — | — |
| 2022 | $752,741 | $501,675 | $201,616 | — | $49,450 |