Plan Snapshot
- Plan Sponsor: Mercy Flight, INC.
- Sponsor EIN: 222560963
- Sponsor Address: 100 AMHERST VILLA ROAD, BUFFALO, NY, 14225
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $8.5M
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 | 226 | $8.5M | $389,930 | $973,036 |
| 2023 | 194 | $6.4M | $316,899 | $736,246 |
| 2022 | 173 | $5.0M | $292,560 | $646,092 |
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 |
|---|---|---|---|---|
| CHAMPOU, TRAVIS, BESAW & KERSHN | 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 | $49,090 | $14,652 | — | — | — |
| 2023 | $39,095 | $13,130 | — | — | — |
| 2022 | $34,987 | — | $34,987 | — | — |