Plan Snapshot
- Plan Sponsor: Mavagi Enterprises, INC.
- Sponsor EIN: 743008826
- Sponsor Address: 5726 W. HAUSMAN ROAD, STE 115, SAN ANTONIO, TX, 78249
- Plan Type: Health & Welfare
- Plan Number: 504
- Total Participants: 76
- Total Assets: $75,126
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 | 76 | $75,126 | $694,770 | $0 |
| 2023 | 135 | $51,184 | $732,778 | $0 |
| 2022 | 122 | $160,843 | $661,157 | $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 |
|---|---|---|---|---|
| BOON ADMINISTRATIVE SERVICES | Other Service Provider | $40,636 | $41,337 | $81,973 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,973
- Estimated Expense Ratio: 109.114% 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 | $51,841 | — | — | — | — |
| 2023 | $65,553 | — | — | — | — |
| 2022 | $63,200 | — | — | — | — |