Medical Services Group - Department of Medicine retirement plan: assets, participants and fees
What Medical Services Group - Department of Medicine'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 | Burke Group | Schedule C ↗ |
| Independent auditor | Fustcharles LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 51 defined-contribution plans in public administration with 100 to 499 participants.
| Medical Services Group - Department of Medicine: employer contribution per participant | $19,741 | |
| Peer median | $2,018 |
| Medical Services Group - Department of Medicine: average balance | $387,201 | |
| Peer median | $40,385 |
| Medical Services Group - Department of Medicine: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.40% |
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 $82.1M at the end of plan year 2023 to $94.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 250 | $94.9M | $4.8M | $19,741 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 228 | $82.1M | $4.3M | $19,161 | 0.04% | Not published | Form 5500 ↗ |
Common questions
Does Medical Services Group - Department of Medicine match 401(k) contributions?
The match terms for the Medical Services Group - Department of Medicine Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $4.8M in employer contributions, about $19,741 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Medical Services Group - Department of Medicine 401(k) match vested?
The vesting schedule for the Medical Services Group - Department of Medicine Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Medical Services Group - Department of Medicine 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Burke Group. The plan administrator is Medical Services Group - Department of Medicine.
I left Medical Services Group - Department of Medicine. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Medical Services Group - Department of Medicine, (315) 464-4531) or the recordkeeper, Burke Group. The Medical Services Group - Department of Medicine old 401(k) page lists the contacts from every plan filing. Find an old Medical Services Group - Department of Medicine 401(k)
Data from the public Form 5500 annual reports Medical Services Group - Department of Medicine filed with the U.S. Department of Labor (plan years 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 Services Group - Department of Medicine. Not financial advice. Report a correction · Methodology