Plan Snapshot
- Plan Sponsor: Magleby Professional Services
- Sponsor EIN: 364718707
- Sponsor Address: 1291 W CENTER STREET, LINDON, UT, 84042
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $5.7M
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 | 127 | $5.7M | $263,149 | $768,529 |
| 2023 | 126 | $5.0M | $314,287 | $661,087 |
| 2022 | 131 | $3.7M | $285,517 | $581,834 |
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 |
|---|---|---|---|---|
| VALENTINE & CALDWELL CPAS, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $45,046 | $25,523 | — | — | — |
| 2023 | $34,328 | $19,923 | — | — | — |
| 2022 | $31,499 | — | — | — | — |