Plan Snapshot
- Plan Sponsor: Maryland & Virginia Milk Producers Cooperative Association, INC.
- Sponsor EIN: 540629090
- Sponsor Address: 13861 SUNRISE VALLEY DRIVE, HERNDON, VA, 201716126
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 850
- Total Assets: $47.8M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 850 | $47.8M | $0 | $0 |
| 2024 | 703 | $42.3M | $1.3M | $3.9M |
| 2023 | 647 | $36.6M | $1.1M | $3.3M |
| 2022 | 603 | $30.0M | $1.0M | $2.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $200,010 | — | $200,010 |
| NORTHEAST FINANCIAL GROUP | Investment Advisor | $50,817 | $18 | $50,835 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $250,845
- Estimated Expense Ratio: 0.524% 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 |
|---|---|---|---|---|---|
| 2025 | $8,522,529 | $50,817 | $200,010 | — | — |
| 2024 | $202,402 | $46,245 | $156,157 | — | — |
| 2023 | $72,891 | $38,409 | $34,482 | — | — |
| 2022 | $34,050 | $8,564 | $25,486 | — | — |