Plan Snapshot
- Plan Sponsor: Macinnis Group, LLC
- Sponsor EIN: 465276824
- Sponsor Address: 8180 WOODBURY PIKE, ROARING SPRINGS, PA, 16673
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $10.5M
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 | 129 | $10.5M | $487,464 | $420,411 |
| 2023 | 129 | $8.7M | $575,902 | $393,090 |
| 2022 | 123 | $6.8M | $453,639 | $381,191 |
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 |
|---|---|---|---|---|
| CBIZ FINANCIAL SOLUTIONS | Investment Advisor | $23,158 | — | $23,158 |
| PA RETIREMENT SOLUTIONS | Recordkeeper | $8,280 | $9,569 | $17,849 |
| EMPOWER ANNUITY INSURANCE CO OF AME | Recordkeeper | $16,449 | — | $16,449 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,456
- Estimated Expense Ratio: 0.547% 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 | $44,303 | $20,704 | $9,752 | — | — |
| 2023 | $40,526 | — | $40,526 | — | — |
| 2022 | $45,150 | — | $45,150 | — | — |