# Meduit. LLC Ilk/A Receivables 401(k) Plan
Source: https://planprovider.pro/companies/meduit-llc-ilk-a-receivables-401k-plan

> Meduit. LLC Ilk/A Receivables's 401(k) plan: 1,398 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Meduit. LLC Ilk/A Receivables

- **Sponsor EIN:** 364849207

- **Sponsor Address:** 4135 S STREAM BLVD 400, CHARLOTTE, NC, 28217

- **Plan Type:** 401(k)

- **Total Participants:** 1,398

- **Total Assets:** $49.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|1,398|$49.1M|$1.2M|$2.4M|

| 2023|1,439|$45.1M|$1.4M|$2.5M|

| 2022|1,273|$39.6M|$1.3M|$2.5M|

## 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|

| GALLAGHER BENEFIT SERVICES INC|SERVICE PROVIDER|—|$36,000|$36,000|

| VOYA RETIREMENT INSURANCE & ANNUITY|SERVICE PROVIDER|$27,287|—|$27,287|

| VOYA RETIREMENT ADVISORS, LLC|SERVICE PROVIDER|$9,340|—|$9,340|

| ASSURANCE DIMENSIONS, LLC|AUDITOR|$7,500|—|$7,500|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GALLAGHER BENEFIT SERVICES INC](https://planprovider.pro/provider/arthur-j-gallagher-and-co) — SERVICE PROVIDER

- [ASSURANCE DIMENSIONS, LLC](https://planprovider.pro/provider/assurance-dimensions-inc) — AUDITOR

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $80,127

- **Estimated Expense Ratio:** 0.163% 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|$44,126|$9,401|$22,125|—|—|

| 2023|$38,183|$5,197|$17,450|—|—|

| 2022|$34,128|—|—|—|—|

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