Plan Snapshot
- Plan Sponsor: Multi-Fab Products - Nova Technology, INC.
- Sponsor EIN: 390837496
- Sponsor Address: W141 N9240 FOUNTAIN BLVD., MENOMONEE FALLS, WI, 53051
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $22.5M
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 | 197 | $22.5M | $147,921 | $979,053 |
| 2023 | 202 | $22.1M | $862,232 | $984,181 |
| 2022 | 185 | $18.8M | $397,655 | $864,788 |
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 O | Other Service Provider | $78,633 | — | $78,633 |
| MORGAN STANLEY | Investment Advisor | $42,593 | — | $42,593 |
| THE RETIREMENT ADVANTAGE, INC. | Other Service Provider | $7,596 | $3,460 | $11,056 |
| REILLY, PENNER & BENTON LLP | Auditor | $8,900 | — | $8,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
- REILLY, PENNER & BENTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,182
- Estimated Expense Ratio: 0.626% 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 |
|---|---|---|---|---|---|
| 2024 | $79,625 | — | $79,625 | — | — |
| 2023 | $97,660 | — | $97,660 | — | — |
| 2022 | $114,414 | — | $114,414 | — | — |