Plan Snapshot
- Plan Sponsor: Maxim Group, LLC
- Sponsor EIN: 043640096
- Sponsor Address: 100 CROSSWAYS PARK DRIVE WEST, WOODBURY, NY, 11797
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $78.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 173 | $78.0M | $136,836 | $2.5M |
| 2023 | 186 | $72.2M | $200,882 | $2.6M |
| 2022 | 189 | $64.3M | $261,732 | $2.7M |
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 |
|---|---|---|---|---|
| CITRIN COOPEMAN & COMPANY LLP | 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 | $118,795 | — | $118,795 | — | — |
| 2023 | $105,456 | — | $105,456 | — | — |
| 2022 | $107,714 | — | $106,964 | — | $750 |