Plan Snapshot
- Plan Sponsor: Massimo Zanetti Beverage Usa, INC.
- Sponsor EIN: 760538725
- Sponsor Address: 1370 PROGRESS ROAD, SUFFOLK, VA, 23434
- Plan Type: 401(k)
- Total Participants: 566
- Total Assets: $48.2M
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. |
|---|---|---|---|---|
| 2024 | 566 | $48.2M | $1.4M | $3.0M |
| 2023 | 521 | $50.5M | $1.5M | $3.0M |
| 2022 | 499 | $44.2M | $1.4M | $2.9M |
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 |
|---|---|---|---|---|
| WALL, EINHORN & CHERNITZER, P.C. | 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 | $140,730 | $91,725 | — | — | — |
| 2023 | $138,282 | $83,812 | $300 | — | — |
| 2022 | $142,429 | $13,698 | — | — | — |