Plan Snapshot
- Plan Sponsor: Mdw Associates, LLC
- Sponsor EIN: 454584216
- Sponsor Address: 1750 TYSONS BLVD, SUITE 1500, TYSONS, VA, 22102
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $18.8M
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 | 228 | $18.8M | $764,242 | $1.6M |
| 2023 | 214 | $15.6M | $693,294 | $1.5M |
| 2022 | 131 | $10.2M | $454,122 | $995,977 |
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 |
|---|---|---|---|---|
| HERBEIN & COMPANY, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HERBEIN & COMPANY, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $90,433 | $16,894 | $48,196 | — | — |
| 2023 | $59,855 | $11,513 | $31,113 | — | — |
| 2022 | $47,436 | $9,116 | $24,646 | — | $13,674 |