Plan Snapshot
- Plan Sponsor: Macandrews & Forbes Group, LLC
- Sponsor EIN: 132632773
- Sponsor Address: 35 EAST 62ND ST., NEW YORK, NY, 10065
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $44.1M
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 | 120 | $44.1M | $0 | $1.1M |
| 2023 | 122 | $44.1M | -$3,782 | $1.0M |
| 2022 | 169 | $43.2M | $0 | $1.5M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | Recordkeeper | $89,960 | — | $89,960 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $42,342 | — | $42,342 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — Recordkeeper
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $132,302
- Estimated Expense Ratio: 0.300% 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 | $132,302 | $89,960 | — | — | — |
| 2023 | $132,253 | $57,552 | $36,750 | — | — |
| 2022 | $94,653 | $50,000 | — | — | — |