Plan Snapshot
- Plan Sponsor: National Medical Care, INC.
- Sponsor EIN: 042835488
- Sponsor Address: 920 WINTER STREET, WALTHAM, MA, 02451
- Plan Type: DB
- Total Participants: 3,731
- Total Assets: $326.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,731 | $326.6M | $60.8M | $0 |
| 2023 | 4,023 | $286.5M | $6.1M | $0 |
| 2022 | 4,293 | $276.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| THE BANK OF NEW YORK MELLON | Custodian / Trustee | $579,300 | — | $579,300 |
| NATIONAL MEDICAL CARE, INC. | Other Service Provider | $267,631 | — | $267,631 |
| BUCK GLOBAL, LLC | Actuary | $138,638 | — | $138,638 |
| WITHUMSMITH+BROWN,PC | Auditor | $64,480 | — | $64,480 |
| SMART SOURCE OF BOSTON, LLC | Other Service Provider | $20,883 | — | $20,883 |
| PENSION BENEFIT INFOFORMATION LLC | Other Service Provider | $7,904 | — | $7,904 |
| LEXISNEXIS | Recordkeeper | $5,820 | — | $5,820 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN,PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,084,656
- Estimated Expense Ratio: 0.332% 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 | $7,060,686 | $579,300 | $5,820 | $64,480 | — |
| 2023 | $10,689,224 | $578,712 | $4,711 | $52,000 | — |
| 2022 | $6,004,020 | $668,489 | — | — | $191,191 |