Plan Snapshot
- Plan Sponsor: Metromont LLC
- Sponsor EIN: 582322112
- Sponsor Address: 20 TWO NOTCH ROAD, GREENVILLE, SC, 29605
- Plan Type: 401(k)
- Total Participants: 915
- Total Assets: $82.2M
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 | 915 | $82.2M | $2.6M | $5.0M |
| 2023 | 897 | $70.0M | $2.4M | $4.7M |
| 2022 | 895 | $60.6M | $2.4M | $4.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $88,128 | — | $88,128 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $26,337 | — | $26,337 |
| CHERRY BEKAERT | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $114,465
- Estimated Expense Ratio: 0.139% 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 | $114,465 | $26,337 | — | — | — |
| 2023 | $94,552 | $21,219 | — | — | — |
| 2022 | $85,669 | — | $85,669 | — | — |