Plan Snapshot
- Plan Sponsor: Marwen, INC.
- Sponsor EIN: 232258671
- Sponsor Address: 1146 WYOMING AVENUE, SCRANTON, PA, 18509
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $6.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 106 | $6.3M | $114,063 | $171,445 |
| 2023 | 127 | $6.7M | $172,435 | $90,044 |
| 2022 | 99 | $5.3M | $0 | $107,498 |
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 |
|---|---|---|---|---|
| MMQ & ASSOCIATES, P.C. | Auditor | $8,250 | — | $8,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMQ & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,250
- Estimated Expense Ratio: 0.131% 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 | $40,508 | $21,809 | — | $8,250 | — |
| 2023 | — | — | — | — | — |
| 2022 | $37,544 | $13,110 | — | — | $8,000 |