Plan Snapshot
- Plan Sponsor: Valley Medical Group, P.C.
- Sponsor EIN: 042945394
- Sponsor Address: 329 CONWAY STREET, GREENFIELD, MA, 01301
- Plan Type: 401(k)
- Total Participants: 368
- Total Assets: $31.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 368 | $31.5M | $551,731 | $1.9M |
| 2023 | 380 | $27.7M | $537,858 | $1.9M |
| 2022 | 393 | $24.2M | $322,407 | $1.8M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INS. AND ANNUITY CO | Recordkeeper | $58,517 | — | $58,517 |
| CETERA ADVISORS NETWORK | Investment Advisor | — | $39,217 | $39,217 |
| FREEMAN RETIREMENT PLAN CONSUTLING | Recordkeeper | — | $14,104 | $14,104 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CETERA ADVISORS NETWORK — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,838
- Estimated Expense Ratio: 0.355% 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 | $58,517 | — | $58,517 | — | — |
| 2023 | $56,680 | — | $56,680 | — | — |
| 2022 | $52,166 | — | $52,166 | — | — |