Plan Snapshot
- Plan Sponsor: Fairfield-Maxwell Ltd.
- Sponsor EIN: 131878439
- Sponsor Address: 60 E. 42ND STREET, NEW YORK, NY, 10165
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 141
- Total Assets: $39.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 141 | $39.5M | $0 | $0 |
| 2024 | 57 | $37.1M | $524,829 | $934,549 |
| 2023 | 80 | $35.0M | $502,159 | $882,252 |
| 2022 | 82 | $31.8M | $504,264 | $863,424 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $35,284 | — | $35,284 |
| NOVA 401(K) ASSOCIATES | Other Service Provider | — | $12,118 | $12,118 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,402
- Estimated Expense Ratio: 0.120% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $4,387,483 | — | $25,480 | — | — |
| 2024 | $30,776 | — | $30,776 | — | — |
| 2023 | $24,680 | $23,813 | — | — | — |
| 2022 | $80,560 | — | — | — | $80,560 |