Plan Snapshot
- Plan Sponsor: Medtrust Holdings, INC.
- Sponsor EIN: 823630492
- Sponsor Address: 1014 BANKTON CIRCLE, HANAHAN, SC, 29410
- Plan Type: 401(k)
- Total Participants: 464
- Total Assets: $2.8M
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 | 464 | $2.8M | $247,245 | $486,996 |
| 2023 | 213 | $2.4M | $212,455 | $401,664 |
| 2022 | 274 | $2.0M | $376,788 | $473,636 |
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 |
|---|---|---|---|---|
| FIDELITY WORKPLACE SERVICES LLC | PLAN ADMINISTRATOR | $41,624 | — | $41,624 |
| MMA SECURITIES | ADVISOR | $6,335 | — | $6,335 |
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES — ADVISOR
- FORVIS MAZARS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,959
- Estimated Expense Ratio: 1.719% 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 | $48,552 | $6,928 | $2,850 | — | — |
| 2023 | $24,497 | $2,173 | $1,860 | — | — |
| 2022 | $71,443 | — | $71,443 | — | — |