Plan Snapshot
- Plan Sponsor: Marcolin U.S.A. Eyewear Corp.
- Sponsor EIN: 222192365
- Sponsor Address: 3410 ROUTE 22 WEST, SOMERVILLE, NJ, 08876
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $27.8M
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 | 295 | $27.8M | $909,202 | $2.2M |
| 2023 | 298 | $24.0M | $853,150 | $2.0M |
| 2022 | 307 | $19.6M | $798,007 | $1.9M |
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 |
|---|---|---|---|---|
| MANSPERGER PATTERSON & MCMULLIN PLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $92,160 | $24,204 | $67,956 | — | — |
| 2023 | $73,302 | $19,472 | $53,830 | — | — |
| 2022 | $77,028 | $19,092 | $57,936 | — | — |