Plan Snapshot
- Plan Sponsor: Marous Brothers Construction, INC.
- Sponsor EIN: 341327243
- Sponsor Address: 36933 VINE STREET, WILLOUGHBY, OH, 44094
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $17.0M
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 | 167 | $17.0M | $445,360 | $1.3M |
| 2023 | 176 | $15.2M | $416,496 | $1.2M |
| 2022 | 166 | $12.7M | $353,547 | $1.0M |
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 |
|---|---|---|---|---|
| KOWALL & 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 | $71,945 | $45,990 | — | — | — |
| 2023 | $49,772 | $31,134 | — | — | — |
| 2022 | $49,112 | — | $49,112 | — | — |