Plan Snapshot
- Plan Sponsor: Corrado Management Service, LLC
- Sponsor EIN: 205206800
- Sponsor Address: 204 MARSH LANE, NEW CASTLE, DE, 19720
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $15.4M
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 | 112 | $15.4M | $501,026 | $823,645 |
| 2023 | 123 | $13.6M | $507,774 | $800,366 |
| 2022 | 114 | $11.3M | $442,489 | $733,628 |
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 |
|---|---|---|---|---|
| GMS SURGENT, LLC | 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 | $2,574 | — | — | — | — |
| 2023 | $2,125 | — | — | — | — |
| 2022 | $2,004 | — | — | — | — |