Modernizing Medicine, Inc. 401(k) Plan: Login, Facts & Contact Information

Modernizing Medicine, Inc. 401(k) Plan Facts

Plan name
MODERNIZING MEDICINE, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MODERNIZING MEDICINE, INC.
Participants
1,804 (1,615 active employees)
Former employees with a balance
283
Plan assets
$114,774,489 at Dec 31, 2024
Average account balance
$72,550 across 1,582 accounts
Employer contributions
$4,863,789 in plan year 2024 (23% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 2010
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $20.8 million went into the plan in contributions, $4.86 million of it from the employer (23%).
  • $13.4 million was paid out to participants.
  • Investment and other income added $14.5 million.
  • Administrative expenses were $176,869, about $112 per account.

How the Modernizing Medicine, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019793$29.9 million$2.22 million$1.75 million
2020857$43.7 million$2.10 million$2.26 million
2021946$62.0 million$3.47 million$3.96 million
20221,343$62.3 million$4.86 million$4.47 million
20231,692$93.1 million$5.86 million$4.64 million
20241,804$114.8 million$4.86 million$13.4 million

Modernizing Medicine, Inc. 401(k) Contact Information

Phone
561-880-2998
Mailing address
4850 TREX AVENUE, SUITE 200, BOCA RATON FL 33431
Plan sponsor
MODERNIZING MEDICINE, INC.
Employer identification number (EIN)
27-2070905
Plan number
001

Questions about the Modernizing Medicine, Inc. 401(k)

Does Modernizing Medicine, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $4.86 million, 23% of all contributions.

Does the Modernizing Medicine, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Modernizing Medicine, Inc 401(k) plan?

1,804 participants at the start of plan year 2024, 1,615 of them active employees, and 283 former employees who still had money in the plan.

What is the average 401(k) balance at Modernizing Medicine, Inc?

About $72,550 per account: $114.8 million in plan assets across 1,582 accounts with a balance at the end of plan year 2024.

Who manages the Modernizing Medicine, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Modernizing Medicine, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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