Plan Snapshot
- Plan Sponsor: Mchugh Enterprises, INC.
- Sponsor EIN: 363363119
- Sponsor Address: 1737 S MICHIGAN AVE, CHICAGO, IL, 60616
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $31.7M
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 | 146 | $31.7M | $404,848 | $1.5M |
| 2023 | 156 | $33.0M | $482,280 | $1.6M |
| 2022 | 175 | $30.6M | $440,000 | $1.5M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $32,409 | — | $32,409 |
| PETER SHANNON & CO | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,409
- Estimated Expense Ratio: 0.102% 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 | $26,562 | — | — | — | — |
| 2023 | $850 | — | — | — | — |
| 2022 | $575 | — | — | — | — |