Plan Snapshot
- Plan Sponsor: Northern Medical Group, PLLC
- Sponsor EIN: 475030523
- Sponsor Address: 111 CLOCK TOWER COMMONS, BREWSTER, NY, 10509
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $17.9M
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 | 139 | $17.9M | $245,933 | $567,518 |
| 2023 | 164 | $19.7M | $374,211 | $789,697 |
| 2022 | 133 | $17.8M | $365,806 | $707,962 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $26,617 | — | $26,617 |
| TRINITY POINT WEALTH LLC | Investment Advisor | $19,305 | — | $19,305 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,922
- Estimated Expense Ratio: 0.256% 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 | $45,922 | $19,305 | — | — | — |
| 2023 | $51,276 | $20,252 | — | — | — |
| 2022 | $49,727 | — | — | — | — |