Plan Snapshot
- Plan Sponsor: Master Products Corporation
- Sponsor EIN: 660407424
- Sponsor Address: 425 CARR 693, DORADO, PR, 006464802
- Plan Type: DC
- Total Participants: 339
- Total Assets: $4.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 339 | $4.0M | $47,390 | $238,615 |
| 2023 | 353 | $3.4M | $45,491 | $211,796 |
| 2022 | 315 | $2.9M | $41,642 | $198,510 |
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 |
|---|---|---|---|---|
| JESUS M. MORA NIEVES, CPA | 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 | $7,120 | — | $5,345 | — | — |
| 2023 | $6,104 | — | $4,404 | — | — |
| 2022 | $9,109 | — | $4,234 | — | — |