Plan Snapshot
- Plan Sponsor: Mayfair Plastics, INC.
- Sponsor EIN: 382704694
- Sponsor Address: PO BOX 995, GAYLORD, MI, 49734
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $6.2M
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 | 116 | $6.2M | $172,705 | $230,322 |
| 2023 | 109 | $5.3M | $174,548 | $230,117 |
| 2022 | 109 | $4.4M | $159,773 | $214,456 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | 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 | $32,137 | $15,683 | — | — | — |
| 2023 | $26,928 | $12,750 | — | — | — |
| 2022 | $23,374 | $10,517 | — | — | — |