Plan Snapshot
- Plan Sponsor: Management Fc, LLC
- Sponsor EIN: 852697010
- Sponsor Address: 467 ERLANGER DR., ERLANGER, KY, 410181496
- Plan Type: 401(k)
- Total Participants: 211
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 211 | $2.2M | $194,604 | $376,849 |
| 2023 | 197 | $1.5M | $163,428 | $324,509 |
| 2022 | 322 | $815,175 | $116,873 | $239,967 |
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 |
|---|---|---|---|---|
| CREATIVE RETIREMENT SYSTEMS | Other Service Provider | $5,780 | $843 | $6,623 |
| EMPOWER ANNUITY INSRUANCE COMPANY | Recordkeeper | $5,837 | — | $5,837 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,460
- Estimated Expense Ratio: 0.571% 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 | $12,614 | — | — | — | — |
| 2023 | $1,817 | $417 | $700 | — | — |
| 2022 | $661 | — | — | — | — |