Medical Care Development 403(b) match, vesting and fees

Plan year 2024 filingMedical Care Development, Inc. 403(b) Plan · Plan 002 · EIN 01-6022787Updated Oct 2026

What Medical Care Development's 403(b) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $438K in employer contributions, about $1,765 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$51,962
Average account balance
260
Participants (end of year)
$12.9M
Plan assets (end of year)
0.44%
Admin expenses ÷ assets

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.

RecordkeeperAscensus LLCSchedule C ↗
Independent auditorBdmp Assurance, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status403(b) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,446 defined-contribution plans in administrative, support and waste management services with 100 to 499 participants.

Medical Care Development: employer contribution per participant$1,765
Peer median$1,495
Medical Care Development: average balance$51,962
Peer median$34,563
Medical Care Development: admin expenses ÷ assets0.44%
Peer median0.51%

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 $9.3M at the end of plan year 2021 to $12.9M at the end of plan year 2024.

$9.3M2021$8.3M2022$10.5M2023$12.9M2024
End-of-year figures from each plan year's Form 5500 filing for the Medical Care Development plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024260$12.9M$438K$1,7650.44%Not publishedForm 5500 ↗
2023255$10.5M$376K$1,5860.47%Not publishedForm 5500 ↗
2022225$8.3M$319K$1,4920.49%Not publishedForm 5500 ↗
2021220$9.3M$285K$1,4180.36%Not publishedForm 5500 ↗

Common questions

Does Medical Care Development match 401(k) contributions?

The match terms for the Medical Care Development, Inc. 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $438K in employer contributions, about $1,765 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Medical Care Development 401(k) match vested?

The vesting schedule for the Medical Care Development, Inc. 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Medical Care Development 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Ascensus LLC. The plan administrator is Medical Care Development, Inc..

I left Medical Care Development. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Medical Care Development, Inc., (207) 622-7566) or the recordkeeper, Ascensus LLC. The Medical Care Development old 401(k) page lists the contacts from every plan filing. Find an old Medical Care Development 401(k)

Data from the public Form 5500 annual reports Medical Care Development 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 Care Development. Not financial advice. Report a correction · Methodology