Plan Snapshot
- Plan Sponsor: Raleigh Medical Group, P.A.
- Sponsor EIN: 561166754
- Sponsor Address: 3700 BARRETT DR, SUITE 300, RALEIGH, NC, 27609
- Plan Type: 401(k)
- Total Participants: 315
- Total Assets: $35.0M
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 | 315 | $35.0M | $811,486 | $1.5M |
| 2023 | 298 | $32.0M | $770,298 | $1.4M |
| 2022 | 251 | $27.8M | $682,117 | $1.3M |
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 |
|---|---|---|---|---|
| NWPS | RECORDKEEPER | $34,881 | — | $34,881 |
| SOLLINDA CAPITAL MANAGEMENT | INVESTMENT ADVISOR | $28,667 | — | $28,667 |
| CURI CAPITAL | INVESTMENT ADVISOR | $24,098 | — | $24,098 |
| JOHNSON LAMBERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS — RECORDKEEPER
- JOHNSON LAMBERT LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,646
- Estimated Expense Ratio: 0.251% 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 | $87,795 | $52,764 | — | — | — |
| 2023 | $58,501 | $53,625 | — | — | — |
| 2022 | $85,404 | $10,750 | — | — | $74,654 |