Plan Snapshot
- Plan Sponsor: M.A.L. Enterprises, INC.
- Sponsor EIN: 751387770
- Sponsor Address: PO BOX 8, SWEETWATER, TX, 79556
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $3.7M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 185 | $3.7M | $15,446 | $130,149 |
| 2023 | 300 | $3.4M | $15,804 | $155,015 |
| 2022 | 227 | $2.9M | $15,358 | $146,292 |
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 |
|---|---|---|---|---|
| LEVERAGE RETIREMENT, INC. | CONTRACT ADMIN | $37,249 | — | $37,249 |
| HM&M GROUP, LLC | Auditor | $14,333 | — | $14,333 |
| FIRST FINANCIAL TRUST & ASSET MGMT | NONE | $11,378 | — | $11,378 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HM&M GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,960
- Estimated Expense Ratio: 1.720% 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 | $62,960 | $11,378 | — | $14,333 | — |
| 2023 | $64,430 | $10,599 | $34,113 | $14,265 | — |
| 2022 | $47,004 | $10,939 | $32,000 | — | — |