# Summit Med Group Operations, LLC 401(k) Plan
Source: https://planprovider.pro/companies/summit-med-group-operations-llc-863630544-501

> Summit Med Group Operations, LLC's 401(k) plan: 1,567 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Summit Med Group Operations, LLC

- **Sponsor EIN:** 863630544

- **Sponsor Address:** 1275 DICK LONAS RD, SUITE 101, KNOXVILLE, TN, 37909

- **Plan Type:** 401(k)

- **Plan Number:** 501

- **Total Participants:** 1,567

- **Total Assets:** $0

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|1,567|$0|$0|$0|

| 2023|1,373|$0|$0|$0|

| 2022|1,249|$0|$0|$0|

## 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 CROSS BLUE SHIELD|Other Service Provider|$580,644|$54,359|$635,003|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $635,003

### 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|—|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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