# Multimed Billing Services INC 401(k) Plan
Source: https://planprovider.pro/companies/multimed-billing-services-inc-401k-plan

> Multimed Billing Services INC's 401(k) plan: 61 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Multimed Billing Services INC

- **Sponsor EIN:** 161427949

- **Sponsor Address:** 21 OSWEGO ST, BALDWINSVILLE, NY, 130272503

- **Plan Type:** 401(k)

- **Total Participants:** 61

- **Total Assets:** $6.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|61|$6.5M|$151,792|$386,296|

| 2023|57|$5.4M|$115,623|$285,443|

| 2022|46|$4.5M|$110,514|$249,002|

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