Plan Snapshot
- Plan Sponsor: Metropolitan Cabinet Distributor
- Sponsor EIN: 042829967
- Sponsor Address: 505 UNIVERSITY AVE, NORWOOD, MA, 02062
- Plan Type: 401(k)
- Total Participants: 166
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 166 | $10.1M | $328,650 | $622,297 |
| 2023 | 153 | $9.2M | $240,756 | $527,843 |
| 2022 | 158 | $7.3M | $268,401 | $437,244 |
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 |
|---|---|---|---|---|
| CBIZ CPAS | Auditor | — | — | $0 |
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 | $40,942 | $23,158 | — | — | — |
| 2023 | $40,536 | — | — | — | — |
| 2022 | $34,139 | $8,197 | $5,751 | — | — |