# Maymead, INC. 401(k) Plan
Source: https://planprovider.pro/companies/maymead-inc-401k-plan

> Maymead, INC.&#39;s 401(k) plan: 269 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Maymead, INC.

- **Sponsor EIN:** 620284410

- **Sponsor Address:** 1995 ROAN CREEK ROAD, MOUNTAIN CITY, TN, 376630911

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

- **Total Participants:** 269

- **Total Assets:** $6.1M

## 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|269|$6.1M|$380,005|$435,166|

| 2023|282|$5.4M|$311,560|$378,122|

| 2022|214|$4.4M|$200,000|$281,634|

## 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|

| PLANTE MORAN|Auditor|$16,560|—|$16,560|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $16,560

- **Estimated Expense Ratio:** 0.273% 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|$17,160|—|$600|$16,560|—|

| 2023|$275|—|$275|—|—|

| 2022|$20,276|—|$20,276|—|—|

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