# Olean Medical Practice PLLC 401(k) Plan
Source: https://planprovider.pro/companies/olean-medical-practice-pllc-401k-plan

> Olean Medical Practice PLLC&#39;s 401(k) plan: 168 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Olean Medical Practice PLLC

- **Sponsor EIN:** 881324896

- **Sponsor Address:** 535 MAIN STREET, OLEAN, NY, 14760

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

- **Total Participants:** 168

- **Total Assets:** $33.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|168|$33.7M|$783,796|$748,311|

| 2023|161|$31.6M|$560,034|$656,618|

| 2022|171|$30.3M|$510,960|$606,585|

## 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|

| FREED MAXICK, 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|$130,981|$35,199|$95,082|—|—|

| 2023|$132,314|$32,208|$86,206|—|—|

| 2022|$121,335|—|—|—|—|

## Similar Plans

- [Great Lakes Physicians, P.C.](https://planprovider.pro/companies/great-lakes-physician-p-c-401k-plan) — 169 participants

- [Prine Health Medical Group](https://planprovider.pro/companies/prine-health-medical-group-401k-plan) — 166 participants

- [Great Lakes Medical Imaging, LLC](https://planprovider.pro/companies/great-lakes-medical-imaging-llc-plan-001) — 170 participants

- [Schenectady Family Health Services](https://planprovider.pro/companies/schenectady-family-health-services-401k-plan) — 173 participants

- [Cny Family Care, LLP](https://planprovider.pro/companies/cny-family-care-llp-401k-plan) — 160 participants

- [Prospect Hill Radiology Group, P.C.](https://planprovider.pro/companies/prospect-hill-radiology-group-p-c-401k-plan) — 179 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/olean-medical-practice-pllc-401k-plan)

&copy; 2026 PlanProvider.Pro
