Plan Snapshot
- Plan Sponsor: Montage Medical Group
- Sponsor EIN: 264826604
- Sponsor Address: 23625 HOLMAN HIGHWAY, MONTEREY, CA, 93940
- Plan Type: 401(k)
- Total Participants: 330
- Total Assets: $18.8M
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 | 330 | $18.8M | $1.2M | $2.3M |
| 2023 | 299 | $13.9M | $830,060 | $1.8M |
| 2022 | 191 | $9.9M | $819,203 | $1.3M |
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 |
|---|---|---|---|---|
| EMPOER ANNUITY INS. CO. OF AMERICA | RECORDKEEPER | $25,220 | — | $25,220 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,220
- Estimated Expense Ratio: 0.134% 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 | $25,220 | — | $25,220 | — | — |
| 2023 | $18,329 | — | — | — | — |
| 2022 | $22,676 | — | $22,676 | — | — |