# Springfield Medical Associates, INC. 401(k) Plan
Source: https://planprovider.pro/companies/springfield-medical-associates-inc-plan-002

> Springfield Medical Associates, INC.'s 401(k) plan: 50 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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