Plan Snapshot
- Plan Sponsor: Matheny Motor Truck Company
- Sponsor EIN: 550320770
- Sponsor Address: 3RD AND ANN STREETS, PARKERSBURG, WV, 26102
- Plan Type: 401(k)
- Total Participants: 293
- Total Assets: $9.7M
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. |
|---|---|---|---|---|
| 2023 | 293 | $9.7M | $266,520 | $941,265 |
| 2022 | 279 | $7.5M | $219,209 | $821,528 |
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 |
|---|---|---|---|---|
| UNITED BANK | INVESTMENT ADVISOR | $51,782 | — | $51,782 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $7,532 | — | $7,532 |
| SUTTLE & STALNAKER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SUTTLE & STALNAKER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,314
- Estimated Expense Ratio: 0.610% 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 |
|---|---|---|---|---|---|
| 2023 | $9,228 | — | — | — | — |
| 2022 | $5,412 | — | — | — | — |