Plan Snapshot
- Plan Sponsor: True North Medical Group LLC
- Sponsor EIN: 825048740
- Sponsor Address: 2510 MARYLAND RD STE 210, NORTH WALES, PA, 19454
- Plan Type: 401(k)
- Total Participants: 176
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 176 | $8.2M | $230,212 | $667,056 |
| 2023 | 192 | $7.0M | $132,044 | $450,292 |
| 2022 | 96 | $1.3M | $0 | $208,435 |
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 |
|---|---|---|---|---|
| MML INVESTORS SERVICES, LLC | ADVISOR | $38,301 | — | $38,301 |
| 401K GENERATION | CONTRACT ADMINISTRATOR | $17,114 | — | $17,114 |
| PAYCHEX, INC. | RECORDKEEPER | $12,073 | — | $12,073 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES, LLC — ADVISOR
- PAYCHEX, INC. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,488
- Estimated Expense Ratio: 0.826% 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 | $67,598 | $38,301 | $29,297 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |