# Medisys Venture, INC. DC Plan
Source: https://planprovider.pro/companies/medisys-venture-inc-plan

> Medisys Venture, INC.'s DC plan: 774 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Medisys Venture, INC.

- **Sponsor EIN:** 113431792

- **Sponsor Address:** 8900 VAN WYCK EXPRESSWAY, JAMAICA, NY, 11418

- **Plan Type:** DC

- **Total Participants:** 774

- **Total Assets:** $147.3M

## 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:** Yes

## Plan Financials by Year

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

| 2024|774|$147.3M|$2.1M|$5.4M|

| 2023|833|$129.1M|$2.0M|$5.0M|

| 2022|765|$111.6M|$1.8M|$4.7M|

## 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|

| ROYAL ALLIANCE ASSOC., INC.|ADVISOR|$201,313|—|$201,313|

| NEWPORT GROUP, INC.|RECORDKEEPER|$95,703|—|$95,703|

| NEWPORT TRUST COMPANY|TRUSTEE|$34,149|—|$34,149|

| COHNREZNICK LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $331,165

- **Estimated Expense Ratio:** 0.225% 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|$331,528|$201,313|$5,189|—|—|

| 2023|$290,151|$168,263|$4,040|—|—|

| 2022|$315,948|$191,463|$94,243|—|$30,242|

## Similar Plans

- [Greater Mental Health Of New York, INC.](https://planprovider.pro/companies/the-mental-health-association-of-westchester-county-inc-403b-plan) — 370 participants

- [General Physician, P.C.](https://planprovider.pro/companies/general-physician-p-c-plan-001) — 1,301 participants

- [Physician Affiliate Group Of New York, P.C. (Pagny)](https://planprovider.pro/companies/physician-affiliate-group-of-new-york-p-c-pagny-401k-plan) — 3,604 participants

- [Medisys Health Network, INC.](https://planprovider.pro/companies/medisys-health-network-inc-403b-plan) — 6,347 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/medisys-venture-inc-plan)

© 2026 PlanProvider.Pro