Plan Snapshot
- Plan Sponsor: Makor Management LLC
- Sponsor EIN: 872073026
- Sponsor Address: 160 GOULD STREET, SUITE 123, NEEDHAM, MA, 02494
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 79 | $2.9M | $240,020 | $371,889 |
| 2023 | 73 | $2.9M | $157,140 | $266,720 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $27,447 | — | $27,447 |
| COMMONWEALTH EQUITY SERVICES LLC | Investment Advisor | $17,145 | — | $17,145 |
| WARREN AVERETT, LLC | Other Service Provider | $17,004 | — | $17,004 |
| CARON & BLETZER, PLLC | Auditor | $15,600 | — | $15,600 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | Other Service Provider | $5,098 | — | $5,098 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,294
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 |
|---|---|---|---|---|---|
| 2025 | $439,952 | — | $79,950 | — | — |
| 2024 | $38,816 | — | $38,816 | — | — |
| 2023 | $37,633 | — | — | — | — |