Plan Snapshot
- Plan Sponsor: Mau, INC.
- Sponsor EIN: 581168832
- Sponsor Address: 501 GREENE ST., AUGUSTA, GA, 30901
- Plan Type: 401(k)
- Total Participants: 3,087
- Total Assets: $15.1M
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 | 3,087 | $15.1M | $781,554 | $1.9M |
| 2023 | 3,923 | $12.8M | $642,917 | $1.7M |
| 2022 | 3,686 | $10.5M | $598,922 | $1.6M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $8,690 | — | $8,690 |
| NOVA 401(K) ASSOCIATES | TPA | — | $6,694 | $6,694 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,384
- Estimated Expense Ratio: 0.102% 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 | $56,434 | $8,860 | $44,124 | — | — |
| 2023 | $40,947 | — | $40,947 | — | — |
| 2022 | $34,207 | $34,207 | — | — | — |