Plan Snapshot
- Plan Sponsor: Margolis Edelstein
- Sponsor EIN: 232049922
- Sponsor Address: THE CURTIS CENTER - SUITE 400 E, PHILADELPHIA, PA, 191063304
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $60.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 196 | $60.0M | $498,502 | $1.8M |
| 2023 | 186 | $59.4M | $502,153 | $1.7M |
| 2022 | 170 | $55.1M | $500,000 | $1.6M |
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 |
|---|---|---|---|---|
| ALLOY SILVERSTEIN SHAPIRO ADAMS | Auditor | $24,900 | — | $24,900 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,900
- Estimated Expense Ratio: 0.041% 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 | $107,487 | $53,045 | — | $24,900 | — |
| 2023 | $129,005 | $38,000 | — | $23,275 | — |
| 2022 | $118,676 | — | — | — | — |