Plan Snapshot
- Plan Sponsor: Menzel Limited Partnership
- Sponsor EIN: 570924203
- Sponsor Address: 951 SIMUEL RD, SPARTANBURG, SC, 29301
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 32
- Total Assets: $43,414
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 | 32 | $43,414 | $376,353 | $230 |
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 |
|---|---|---|---|---|
| PLANNED ADMINISTRATORS, INC. | Other Service Provider | $16,586 | — | $16,586 |
| BROWN & BROWN (SC) | Investment Advisor | $12,716 | — | $12,716 |
| THE BENECON GROUP | Investment Advisor | $9,627 | — | $9,627 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,929
- Estimated Expense Ratio: 89.669% 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 | $489,724 | — | — | — | — |