Plan Snapshot
- Plan Sponsor: Machinists' Money Purchase Pension Fund
- Sponsor EIN: 223290508
- Sponsor Address: 140 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NJ, 076322513
- Plan Type: DC
- Total Participants: 1,555
- Total Assets: $68.3M
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 | 1,555 | $68.3M | $4.0M | $0 |
| 2023 | 1,759 | $64.3M | $3.8M | $0 |
| 2022 | 1,526 | $59.5M | $3.4M | $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 |
|---|---|---|---|---|
| WEAVER AND TIDWELL, L.L.P. | Auditor | $46,250 | — | $46,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,250
- Estimated Expense Ratio: 0.068% 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 | $507,589 | $86,722 | $283,534 | $46,250 | — |
| 2023 | $513,288 | $80,432 | $246,840 | $53,350 | — |
| 2022 | $495,607 | $78,485 | $257,285 | — | $82,144 |