Plan Snapshot
- Plan Sponsor: Madera Residential
- Sponsor EIN: 752458512
- Sponsor Address: 5214 68TH STREET, LUBBOCK, TX, 79424
- Plan Type: DC
- Total Participants: 481
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 481 | $8.2M | $874,428 | $1.5M |
| 2023 | 527 | $5.5M | $811,214 | $1.3M |
| 2022 | 549 | $3.0M | $715,699 | $1.1M |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS | RECORD KEEPER | $49,228 | — | $49,228 |
| ADMIN. GROUP, LLC DBA TAG RESOURCES | RECORD KEEPER | $25,990 | — | $25,990 |
| TEMPLETON & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS — RECORD KEEPER
- ADMIN. GROUP, LLC DBA TAG RESOURCES — RECORD KEEPER
- TEMPLETON & CO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,218
- Estimated Expense Ratio: 0.919% 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 | $78,073 | $2,855 | — | — | — |
| 2023 | $54,907 | — | — | — | — |
| 2022 | $32,228 | — | $32,228 | — | — |