Plan Snapshot
- Plan Sponsor: Samaritan Medical Center
- Sponsor EIN: 150533577
- Sponsor Address: 830 WASHINGTON STREET, WATERTOWN, NY, 13601
- Plan Type: 401(k)
- Total Participants: 2,317
- Total Assets: $209.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,317 | $209.6M | $5.3M | $7.4M |
| 2023 | 2,213 | $194.0M | $4.9M | $7.2M |
| 2022 | 1,502 | $171.0M | $4.5M | $6.8M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $94,395 | — | $94,395 |
| FUSTCHARLES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- FUSTCHARLES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,395
- Estimated Expense Ratio: 0.045% 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 | $94,395 | — | — | — | — |
| 2023 | $58,850 | — | — | — | — |
| 2022 | $141,627 | — | — | — | — |