Plan Snapshot
- Plan Sponsor: Saratoga Medical Center, INC.
- Sponsor EIN: 541288737
- Sponsor Address: 11094 LEE HIGHWAY, FAIRFAX, VA, 22030
- Plan Type: 401(k)
- Total Participants: 210
- Total Assets: $3.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 210 | $3.7M | $755,803 | $426,803 |
| 2023 | 246 | $2.5M | $595,430 | $450,112 |
| 2022 | 145 | $1.6M | $383,434 | $491,540 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — 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 | $41,446 | $41,446 | — | — | — |
| 2023 | $9,055 | — | $8,555 | — | — |
| 2022 | $5,766 | — | $5,766 | — | — |