Plan Snapshot
- Plan Sponsor: Marcal Manufacturing, LLC
- Sponsor EIN: 262230708
- Sponsor Address: ONE MARKET STREET, ELMWOOD PARK, NJ, 074701451
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $11.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 76 | $11.5M | $133,504 | $514,648 |
| 2023 | 74 | $10.5M | $0 | $492,686 |
| 2022 | 73 | $10.3M | $0 | $465,916 |
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 | $30,159 | — | $30,159 |
| TRUOG-RYDING COMPANY, INC. | Other Service Provider | $20,982 | — | $20,982 |
| OAKWOOD CAPITAL SECURITIES, INC | Investment Advisor | — | $6,628 | $6,628 |
| USI ADVISORS | Investment Advisor | $5,930 | — | $5,930 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,699
- Estimated Expense Ratio: 0.556% 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 | $56,293 | $51,074 | $5,219 | — | — |
| 2023 | $44,693 | $43,363 | $1,330 | — | — |
| 2022 | $47,810 | — | $45,190 | — | — |