Plan Snapshot
- Plan Sponsor: Springfield Medical Associates, INC.
- Sponsor EIN: 043498186
- Sponsor Address: 2150 MAIN STREET, SPRINGFIELD, MA, 01104
- Plan Type: 401(k)
- Total Participants: 50
- Total Assets: $8.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 50 | $8.7M | $0 | $135,940 |
| 2023 | 34 | $7.8M | $0 | $168,835 |
| 2022 | 37 | $9.8M | $0 | $195,745 |