Plan Snapshot
- Plan Sponsor: Merced Faculty Associates Medical Group, INC.
- Sponsor EIN: 770252214
- Sponsor Address: PO BOX 3768, MERCED, CA, 95344
- Plan Type: 401(k)
- Total Participants: 211
- Total Assets: $31.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 211 | $31.5M | $1.5M | $526,519 |
| 2023 | 187 | $26.4M | $1.4M | $457,211 |
| 2022 | 180 | $21.0M | $1.2M | $422,403 |
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 |
|---|---|---|---|---|
| GOEHNER ACCOUNTANCY | 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 | $56,856 | $52,374 | — | — | — |
| 2023 | $47,806 | $42,550 | — | — | — |
| 2022 | $49,877 | — | — | — | — |