Plan Snapshot
- Plan Sponsor: Furst-Mcness Company
- Sponsor EIN: 361112600
- Sponsor Address: 1252 BELL VALLEY ROAD, ROCKFORD, IL, 61108
- Plan Type: 401(k)
- Total Participants: 278
- Total Assets: $31.6M
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. |
|---|---|---|---|---|
| 2024 | 278 | $31.6M | $938,502 | $1.7M |
| 2023 | 286 | $29.6M | $1.2M | $1.7M |
| 2022 | 280 | $27.1M | $781,698 | $1.5M |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
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 | $47,561 | $14,567 | — | — | — |
| 2023 | $46,549 | $13,008 | — | — | — |
| 2022 | $50,206 | $14,829 | — | — | — |