# Mayfran International, INC. 401(k) Plan
Source: https://planprovider.pro/companies/mayfran-international-inc-401k-plan

> Mayfran International, INC.'s 401(k) plan: 207 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mayfran International, INC.

- **Sponsor EIN:** 480959871

- **Sponsor Address:** 6650 BETA DRIVE, MAYFIELD VILLAGE, OH, 441432352

- **Plan Type:** 401(k)

- **Total Participants:** 207

- **Total Assets:** $33.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|207|$33.0M|$678,523|$1.2M|

| 2023|209|$30.9M|$673,452|$1.2M|

| 2022|218|$28.7M|$666,171|$1.2M|

## 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|

| GLOBAL RETIREMENT PARTNERS LLC|INVESTMENT ADVISOR|$51,211|—|$51,211|

| EMPOWER ANNUITY INSURANCE COMPANY O|RECORDKEEPER|$40,004|—|$40,004|

| CBIZ CPAS P.C.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $91,215

- **Estimated Expense Ratio:** 0.276% 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|$84,815|$48,343|—|—|—|

| 2023|$86,294|$56,803|—|—|—|

| 2022|$93,822|$58,780|$35,042|—|—|

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