Plan Snapshot
- Plan Sponsor: Martin & Bayley, INC.
- Sponsor EIN: 370948752
- Sponsor Address: 1311 A WEST MAIN STREET, CARMI, IL, 62821
- Plan Type: 401(k)
- Total Participants: 2,503
- Total Assets: $8.2M
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. |
|---|---|---|---|---|
| 2025 | 2,503 | $8.2M | $0 | $0 |
| 2024 | 2,105 | $7.6M | $0 | $0 |
| 2023 | 1,938 | $6.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| KATZ, SAPPER & MILLER | 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 |
|---|---|---|---|---|---|
| 2025 | $121,064 | $46,104 | — | — | — |
| 2024 | $114,596 | $40,847 | — | — | — |
| 2023 | $112,337 | — | — | — | — |