Plan Snapshot
- Plan Sponsor: Midwest Physicians Alliance, INC.
- Sponsor EIN: 364148387
- Sponsor Address: 13011 S. 104TH AVE., PALOS PARK, IL, 60464
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $67.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 175 | $67.0M | $1.7M | $1.2M |
| 2023 | 162 | $58.6M | $1.7M | $1.1M |
| 2022 | 141 | $44.2M | $1.5M | $997,278 |
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 |
|---|---|---|---|---|
| FGMK LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FGMK LLC — Auditor
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 | $91,456 | $89,256 | $300 | — | — |
| 2023 | $73,317 | $70,936 | — | — | — |
| 2022 | $73,182 | — | $73,182 | — | — |