Plan Snapshot
- Plan Sponsor: Mayfair Enterprises
- Sponsor EIN: 845045992
- Sponsor Address: 127 PUBLIC SQUARE SUITE 5300, CLEVELAND, OH, 44114
- Plan Type: 401(k)
- Total Participants: 934
- Total Assets: $35.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 934 | $35.6M | $161,464 | $607,515 |
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 |
|---|---|---|---|---|
| BOBER MARKEY FEDOROVICH | ACCOUNTANT/AUDITO R | $22,500 | — | $22,500 |
| CBIZ INVESTMENT ADVISORY SRVS, LLC | ADVISOR | $7,015 | — | $7,015 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $5,925 | — | $5,925 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDEKEEPER | $5,182 | — | $5,182 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOBER MARKEY FEDOROVICH — ACCOUNTANT/AUDITO R
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDEKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,622
- Estimated Expense Ratio: 0.114% 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 | $43,107 | $9,501 | — | $22,500 | — |