Plan Snapshot
- Plan Sponsor: Mayvin, INC.
- Sponsor EIN: 262816532
- Sponsor Address: 5285 SHAWNEE ROAD, SUITE 300, ALEXANDRIA, VA, 22312
- Plan Type: 401(k)
- Total Participants: 503
- Total Assets: $21.8M
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 | 503 | $21.8M | $1.1M | $3.3M |
| 2023 | 463 | $15.0M | $965,294 | $2.6M |
| 2022 | 400 | $9.8M | $838,590 | $1.9M |
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 |
|---|---|---|---|---|
| SIGNATURE ESTATE & INVESTMENT | SERVICE PROVIDER | — | $41,299 | $41,299 |
| VOYA RETIREMENT INS AND ANNUITY CO | SERVICE PROVIDER | $24,857 | $107 | $24,964 |
| PBMARES, LLP | TPA | $4,597 | $8,211 | $12,808 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $9,142 | — | $9,142 |
| APRIO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — TPA
- APRIO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,213
- Estimated Expense Ratio: 0.404% 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 | $38,596 | $8,006 | $29,640 | — | — |
| 2023 | $26,434 | — | $26,434 | — | — |
| 2022 | $13,577 | — | $13,577 | — | — |