Plan Snapshot
- Plan Sponsor: M.J. Employment Services, INC.
- Sponsor EIN: 232741694
- Sponsor Address: 7 KENOSIA AVENUE, SUITE 2A, DANBURY, CT, 068107396
- Plan Type: 401(k)
- Total Participants: 748
- Total Assets: $17.9M
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 | 748 | $17.9M | $146,580 | $1.3M |
| 2023 | 574 | $10.5M | $97,634 | $955,502 |
| 2022 | 528 | $8.5M | $51,155 | $660,298 |
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 |
|---|---|---|---|---|
| KAHN, LITWIN, RENZA & CO. LTD | Auditor | $33,000 | — | $33,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,000
- Estimated Expense Ratio: 0.185% 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 | $140,939 | $3,332 | $104,596 | $33,000 | — |
| 2023 | $80,947 | $2,077 | $78,870 | — | — |
| 2022 | $106,753 | $1,937 | $84,816 | — | $20,000 |