Plan Snapshot
- Plan Sponsor: Orthopedic Associates Of Long Island Physicians And Medical Group, Pll
- Sponsor EIN: 833095750
- Sponsor Address: 6 TECHNOLOGY DRIVE - SUITE 100, E. SETAUKET, NY, 11733
- Plan Type: 401(k)
- Total Participants: 89
- Total Assets: $12.6M
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 | 89 | $12.6M | $1.3M | $586,713 |
| 2023 | 99 | $10.2M | $1.1M | $905,603 |
| 2022 | 134 | $7.1M | $1.1M | $762,210 |
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 |
|---|---|---|---|---|
| REID CPAS LLP | 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 | $50,903 | $42,230 | $8,673 | — | — |
| 2023 | $42,733 | $31,421 | $10,994 | — | — |
| 2022 | $44,982 | $23,831 | $18,796 | — | $2,355 |