Plan Snapshot
- Plan Sponsor: Texas Medical Association
- Sponsor EIN: 741078510
- Sponsor Address: 401 WEST 15TH STREET, AUSTIN, TX, 78701
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $62.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 123 | $62.4M | $2.0M | $1.3M |
| 2023 | 132 | $55.6M | $1.9M | $1.3M |
| 2022 | 129 | $46.1M | $1.9M | $1.2M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $33,331 | — | $33,331 |
| PEGGY S. EDGE CPA, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- PEGGY S. EDGE CPA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,331
- Estimated Expense Ratio: 0.053% of plan assets
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 | $18,381 | $33,331 | — | — | — |
| 2023 | $38,314 | $53,314 | — | — | — |
| 2022 | $36,676 | $51,676 | — | — | — |