Plan Snapshot
- Plan Sponsor: Mbs Highway, LLC
- Sponsor EIN: 460856741
- Sponsor Address: 960 HOLMDEL ROAD, HOLMDEL, NJ, 07733
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 81
- Total Assets: $20,947
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 81 | $20,947 | $624,088 | $260,680 |
| 2023 | 78 | $110,949 | $633,932 | $216,766 |
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 |
|---|---|---|---|---|
| THE MELTZER GROUP (NFP-MD) | Investment Advisor | $21,150 | — | $21,150 |
| THE BENECON GROUP | Investment Advisor | $14,757 | — | $14,757 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,907
- Estimated Expense Ratio: 171.418% 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 | $1,048,767 | — | — | — | — |
| 2023 | $908,217 | — | — | — | — |