Plan Snapshot
- Plan Sponsor: Memorial Research Medical Clinic
- Sponsor EIN: 330663715
- Sponsor Address: 25381 COMMERCENTRE DRIVE, LAKE FOREST, CA, 92630
- Plan Type: 401(k)
- Total Participants: 59
- Total Assets: $2.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 59 | $2.5M | $18,910 | $259,725 |
| 2023 | 78 | $4.5M | $68,841 | $420,160 |
| 2022 | 98 | $4.7M | $105,145 | $502,077 |
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 |
|---|---|---|---|---|
| FOUMBERG, JUNEJA, ROCHER & CO | 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 | $2,588,885 | — | $319 | — | — |
| 2023 | $263 | — | — | — | — |
| 2022 | $125 | — | — | — | — |