Plan Snapshot
- Plan Sponsor: M & M Industries INC
- Sponsor EIN: 621260875
- Sponsor Address: 316 CORPORATE PLACE, CHATTANOOGA, TN, 374192339
- Plan Type: 401(k)
- Total Participants: 493
- Total Assets: $6.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 493 | $6.3M | $416,311 | $749,212 |
| 2023 | 386 | $6.0M | $390,746 | $682,618 |
| 2022 | 477 | $5.4M | $417,668 | $742,608 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INS CO | RECORDKEEPER | $42,749 | — | $42,749 |
| UBS FINANCIAL SERVICES INC | REGISTERED INVESTMENT AD | $33,293 | — | $33,293 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INS CO — RECORDKEEPER
- UBS FINANCIAL SERVICES INC — REGISTERED INVESTMENT AD
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,042
- Estimated Expense Ratio: 1.216% 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 | $76,042 | $76,042 | — | — | — |
| 2023 | $66,539 | $28,496 | $38,043 | — | — |
| 2022 | $65,697 | — | $65,697 | — | — |