Plan Snapshot
- Plan Sponsor: Mann+Hummel Filtration Technology Us LLC
- Sponsor EIN: 201483497
- Sponsor Address: 1 WIX WAY, GASTONIA, NC, 28054
- Plan Type: 401(k)
- Total Participants: 4,362
- Total Assets: $249.4M
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 | 4,362 | $249.4M | $9.3M | $15.4M |
| 2023 | 4,857 | $231.7M | $9.4M | $15.4M |
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 INSURANCE COMPANY O | RECORDKEEPER | $287,785 | — | $287,785 |
| MERCER INVESTMENTS, LLC | INVESTMENT ADVISOR | $210,789 | — | $210,789 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $34,351 | — | $34,351 |
| CLIFTON LARSONALLEN, LLP | AUDITOR | $6,458 | — | $6,458 |
| CLIFTONLARSONALLEN LLP | Auditor | $6,458 | — | $6,458 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $545,841
- Estimated Expense Ratio: 0.219% 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 | $539,383 | $34,351 | — | $6,458 | — |
| 2023 | $449,320 | $13,266 | — | $98,000 | — |