# M.B. Haynes Corporation DC Plan
Source: https://planprovider.pro/companies/m-b-haynes-corporation-560506077-002

> M.B. Haynes Corporation's DC plan: 591 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** M.B. Haynes Corporation

- **Sponsor EIN:** 560506077

- **Sponsor Address:** 187 DEAVERVIEW ROAD, ASHEVILLE, NC, 288061707

- **Plan Type:** DC

- **Plan Number:** 002

- **Total Participants:** 591

- **Total Assets:** $64.5M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|591|$64.5M|$3.3M|$0|

| 2023|566|$56.2M|$3.4M|$0|

| 2022|543|$45.9M|$3.1M|$0|

## 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|

| COLTON GROOME FINANCIAL ADVISORS|Investment Advisor|$9,303|—|$9,303|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [COLTON GROOME FINANCIAL ADVISORS](https://planprovider.pro/provider/colton-groome-financial-advisors-llc) — Investment Advisor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $9,303

- **Estimated Expense Ratio:** 0.014% 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|$9,303|—|—|—|—|

| 2023|$8,608|—|—|—|—|

| 2022|$619|$619|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/m-b-haynes-corporation-560506077-002)

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