Plan Snapshot
- Plan Sponsor: National Medical Care, INC.
- Sponsor EIN: 042835488
- Sponsor Address: 920 WINTER STREET, WALTHAM, MA, 02451
- Plan Type: 401(k)
- Total Participants: 61,883
- Total Assets: $4.4B
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 | 61,883 | $4.4B | $81.1M | $273.0M |
| 2023 | 63,238 | $4.0B | $77.5M | $258.7M |
| 2022 | 63,165 | $3.5B | $80.6M | $268.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $2,522,905 | — | $2,522,905 |
| WITHUM SMITH + BROWN PC | Auditor | $116,480 | — | $116,480 |
| NEW ENGLAND RETIREMENT CONSULTANTS | Other Service Provider | $55,412 | — | $55,412 |
| MORGAN STANLEY | Investment Advisor | $43,893 | — | $43,893 |
| CARON & BLETZER, PLLC | Auditor | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- WITHUM SMITH + BROWN PC — Auditor
- MORGAN STANLEY — Investment Advisor
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,750,690
- Estimated Expense Ratio: 0.063% 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 | $2,619,673 | $693,533 | — | $128,480 | — |
| 2023 | $2,573,569 | $571,879 | — | $122,200 | — |
| 2022 | $4,155,035 | $567,068 | $2,809,693 | — | — |