Plan Snapshot
- Plan Sponsor: New Mexico Orthopaedic Associates, P.C.
- Sponsor EIN: 850291612
- Sponsor Address: 2100 LOUISIANA BOULEVARD NE, ALBUQUERQUE, NM, 871105402
- Plan Type: DB
- Total Participants: 214
- Total Assets: $31.6M
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 | 214 | $31.6M | $2.9M | $0 |
| 2023 | 191 | $27.3M | $3.1M | $0 |
| 2022 | 179 | $22.7M | $2.6M | $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 |
|---|---|---|---|---|
| ASCENSUS | NONE | $59,369 | — | $59,369 |
| NFP | NONE | $18,750 | — | $18,750 |
| LOFTIS & LOVATO GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS — NONE
- LOFTIS & LOVATO GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,119
- Estimated Expense Ratio: 0.247% 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 | $78,227 | $18,750 | — | — | — |
| 2023 | $54,270 | $41,923 | — | — | — |
| 2022 | $37,290 | — | — | — | $23,813 |