Plan Snapshot
- Plan Sponsor: Millennium Physician Group, LLC
- Sponsor EIN: 262909414
- Sponsor Address: 2675 WINKLER AVE, FORT MYERS, FL, 33901
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 3,590 | $36.6M | $11.3M | $17.8M |
| 2023 | 3,491 | $158.6M | $10.8M | $16.9M |
| 2022 | 3,185 | $123.7M | $8.6M | $14.2M |
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 | $382,218 | — | $382,218 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $48,516 | $234 | $48,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $430,968
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 |
|---|---|---|---|---|---|
| 2025 | $1,063,798 | — | $3,225 | — | — |
| 2024 | $414,203 | $31,985 | $382,218 | — | — |
| 2023 | $370,438 | $21,867 | $325,139 | $6,534 | — |
| 2022 | $342,814 | $21,673 | $304,394 | — | $16,747 |