# Numed, INC. 401(k) Plan
Source: https://planprovider.pro/companies/numed-inc-401k-plan-001-7631

> Numed, INC.&#39;s 401(k) plan: 175 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Numed, INC.

- **Sponsor EIN:** 741827631

- **Sponsor Address:** 1100 MOSELEY ROAD, CROSSROADS, TX, 76227

- **Plan Type:** 401(k)

- **Total Participants:** 175

- **Total Assets:** $16.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **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|175|$16.5M|$395,605|$956,165|

| 2023|176|$15.3M|$433,114|$977,245|

| 2022|163|$12.4M|$403,925|$864,330|

## 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|

| FARMER, FUQUA & HUFF, P.C.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$10,128|—|$10,128|—|—|

| 2023|$7,561|—|$7,561|—|—|

| 2022|$6,076|—|$6,076|—|—|

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