Plan Snapshot
- Plan Sponsor: South Bend Medical Foundation, INC
- Sponsor EIN: 350868178
- Sponsor Address: 3355 DOUGLAS ROAD, SOUTH BEND, IN, 46635
- Plan Type: 403(b)
- Total Participants: 138
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 138 | $17.1M | $57,192 | $569,910 |
| 2023 | 154 | $16.8M | $58,269 | $586,994 |
| 2022 | 150 | $15.1M | $60,307 | $569,173 |
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 |
|---|---|---|---|---|
| BLUE & CO., LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLUE & CO., LLC — 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 | $84,943 | $34,526 | — | — | — |
| 2023 | $78,657 | $33,520 | — | — | — |
| 2022 | $78,238 | $32,543 | — | — | — |