Plan Snapshot
- Plan Sponsor: Marders
- Sponsor EIN: 113255504
- Sponsor Address: SNAKE HOLLOW ROAD, P. O. BOX 1261, BRIDGEHAMPTON, NY, 11932
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 185
- Total Assets: $13.0M
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 | 185 | $13.0M | $606,650 | $536,779 |
| 2023 | 216 | $10.9M | $557,542 | $472,203 |
| 2022 | 201 | $9.0M | $473,169 | $381,358 |
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 |
|---|---|---|---|---|
| MAGII PENSIONSERVICES LLC | Other Service Provider | $54,245 | — | $54,245 |
| CAPITAL GROUP RETIREMENT PLAN SERVI | Recordkeeper | $17,548 | — | $17,548 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,793
- Estimated Expense Ratio: 0.551% 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 | $70,913 | — | $70,913 | — | — |
| 2023 | $60,691 | — | $60,691 | — | — |
| 2022 | $60,223 | — | $60,223 | — | — |