Medical Card System retirement plan: assets, participants and fees
What Medical Card System's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Bppr - Popular Fiduciary Services | Schedule C ↗ |
| Independent auditor | Landa Umpierre Psc (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Medical Card System: employer contribution per participant | $400 | |
| Peer median | $2,966 |
| Medical Card System: average balance | $35,620 | |
| Peer median | $104,792 |
| Medical Card System: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $64.4M at the end of plan year 2021 to $77.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,755 | $77.6M | $871K | $400 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 2,694 | $66.4M | $1.8M | $839 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 2,547 | $52.2M | $1.7M | $813 | 0.14% | Not published | Form 5500 ↗ |
| 2021 | 2,683 | $64.4M | $1.7M | $774 | 0.02% | Not published | Form 5500 ↗ |
Other Medical Card System plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Mcs 401(k) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Medical Card System match 401(k) contributions?
The match terms for the Medical Card System Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $871K in employer contributions, about $400 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Medical Card System 401(k) match vested?
The vesting schedule for the Medical Card System Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Medical Card System 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Bppr - Popular Fiduciary Services. The plan administrator is Medical Card System, Inc..
I left Medical Card System. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Medical Card System, Inc., (787) 758-2500) or the recordkeeper, Bppr - Popular Fiduciary Services. The Medical Card System old 401(k) page lists the contacts from every plan filing. Find an old Medical Card System 401(k)
Data from the public Form 5500 annual reports Medical Card System filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Medical Card System. Not financial advice. Report a correction · Methodology