Plan Snapshot
- Plan Sponsor: Marbridge Foundation, INC.
- Sponsor EIN: 741183095
- Sponsor Address: 2310 BLISS SPILLAR ROAD, MANCHACA, TX, 78652
- Plan Type: 401(k)
- Total Participants: 274
- Total Assets: $5.5M
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. |
|---|---|---|---|---|
| 2024 | 274 | $5.5M | $242,634 | $421,076 |
| 2023 | 257 | $4.9M | $240,773 | $425,835 |
| 2022 | 254 | $4.1M | $229,603 | $415,354 |
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 |
|---|---|---|---|---|
| EMPLOYEE INCENTIVE PLANS, INC. | Recordkeeper | $28,317 | — | $28,317 |
| ATLASMARK FINANCIAL, INC | Other Service Provider | $10,338 | — | $10,338 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,655
- Estimated Expense Ratio: 0.700% 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 | $79,476 | $10,338 | — | — | — |
| 2023 | $65,285 | $8,455 | — | — | — |
| 2022 | $61,503 | $7,658 | $23,139 | — | — |