Plan Snapshot
- Plan Sponsor: Marcus Thomas, LLC
- Sponsor EIN: 341535100
- Sponsor Address: 4781 RICHMOND ROAD, CLEVELAND, OH, 441285636
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $30.3M
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 | 161 | $30.3M | $411,479 | $1.3M |
| 2023 | 175 | $29.9M | $158,156 | $1.4M |
| 2022 | 198 | $25.0M | $428,295 | $1.3M |
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 |
|---|---|---|---|---|
| COHEN & COMPANY | 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 | $18,825 | — | $18,825 | — | — |
| 2023 | $31,333 | — | $31,333 | — | — |
| 2022 | $13,041 | — | $13,041 | — | — |