Plan Snapshot
- Plan Sponsor: Massgenics, INC.
- Sponsor EIN: 462454072
- Sponsor Address: 1455 LINCOLN PARKWAY EAST 8TH FLOOR, ATLANTA, GA, 30346
- Plan Type: DC
- Total Participants: 1
- Total Assets: $5.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1 | $5.2M | $0 | $0 |
| 2023 | 7 | $4.8M | $0 | $0 |
| 2022 | 5 | $4.5M | $15,910 | $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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | Auditor | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,000
- Estimated Expense Ratio: 0.193% 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 | $33,234 | $647 | — | $10,000 | — |
| 2023 | $21,974 | $589 | — | — | — |
| 2022 | $19,480 | $620 | — | — | — |