Plan Snapshot
- Plan Sponsor: Woodlands Medical Specialists PA
- Sponsor EIN: 261802830
- Sponsor Address: 4724 N DAVIS HWY, PENSACOLA, FL, 32503
- Plan Type: 401(k)
- Total Participants: 270
- Total Assets: $37.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 270 | $37.7M | $1.9M | $1.4M |
| 2023 | 249 | $35.9M | $1.6M | $1.1M |
| 2022 | 219 | $28.5M | $1.4M | $1.0M |
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 |
|---|---|---|---|---|
| CARR, RIGGS, AND INGRAM | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $20,962 | — | $3,300 | — | — |
| 2023 | $5,755 | — | $5,755 | — | — |
| 2022 | $7,506 | — | $7,506 | — | — |