Plan Snapshot
- Plan Sponsor: New Lexington Clinic, P.S.C.
- Sponsor EIN: 611262927
- Sponsor Address: 1221 S BROADWAY, LEXINGTON, KY, 40504
- Plan Type: DC
- Total Participants: 1,491
- Total Assets: $295.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,491 | $295.5M | $7.8M | $8.2M |
| 2023 | 1,360 | $250.6M | $6.2M | $6.3M |
| 2022 | 1,053 | $198.8M | $5.4M | $5.1M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT, LLP | Auditor | $17,850 | — | $17,850 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,850
- Estimated Expense Ratio: 0.006% 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 | $96,229 | $105,526 | $18,353 | $17,850 | — |
| 2023 | $74,966 | $90,178 | $18,463 | $15,900 | — |
| 2022 | $76,629 | $53,079 | — | — | — |