Plan Snapshot
- Plan Sponsor: M. E. Fields, INC.
- Sponsor EIN: 362713672
- Sponsor Address: 700 FRONTAGE ROAD, NORTHFIELD, IL, 60093
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,347
- Total Assets: $106.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,347 | $106.5M | $0 | $0 |
| 2024 | 2,087 | $95.1M | $1.4M | $7.7M |
| 2023 | 1,833 | $84.0M | $1.5M | $6.6M |
| 2022 | 1,641 | $70.5M | $1.5M | $6.3M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $142,043 | — | $142,043 |
| JOHN HANCOCK | Other Service Provider | $138,360 | — | $138,360 |
| MILLER COOPER & CO., LTD | Other Service Provider | $26,000 | — | $26,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $306,403
- Estimated Expense Ratio: 0.288% 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 | $13,791,344 | $142,043 | $137,360 | $26,000 | — |
| 2024 | $266,076 | $137,955 | $117,121 | $11,000 | — |
| 2023 | $241,962 | $125,850 | $92,112 | $24,000 | — |
| 2022 | $222,325 | $123,310 | $75,015 | — | $24,000 |