Plan Snapshot
- Plan Sponsor: Midamerica Health, INC.
- Sponsor EIN: 351681811
- Sponsor Address: 1499 WINDHORST WAY STE 100, GREENWOOD, IN, 46143
- Plan Type: 401(k)
- Total Participants: 289
- Total Assets: $8.2M
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 | 289 | $8.2M | $0 | $952,814 |
| 2023 | 260 | $8.0M | $0 | $902,453 |
| 2022 | 242 | $7.1M | $0 | $935,970 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $64,263 | — | $64,263 |
| RAYMOND JAMES & ASSOCIATES, INC. | Investment Advisor | — | $23,449 | $23,449 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES & ASSOCIATES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,712
- Estimated Expense Ratio: 1.068% 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 | $64,263 | — | $64,263 | — | — |
| 2023 | $70,427 | — | $70,427 | — | — |
| 2022 | $95,948 | $102 | $95,846 | — | — |