Plan Snapshot
- Plan Sponsor: Providence Medical Group, INC.
- Sponsor EIN: 421534506
- Sponsor Address: 2912 SPRINGBORO WEST SUITE 201, DAYTON, OH, 45439
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 94 | $15.9M | $220,146 | $503,024 |
| 2023 | 123 | $15.9M | $257,007 | $516,238 |
| 2022 | 123 | $16.0M | $263,893 | $508,170 |
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 |
|---|---|---|---|---|
| FLAGEL HUBER FLAGEL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FLAGEL HUBER FLAGEL — Auditor
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 | $61,622 | $28,884 | $9,998 | — | — |
| 2023 | $61,270 | $37,563 | $8,342 | — | — |
| 2022 | $72,576 | — | — | — | $72,576 |