Plan Snapshot
- Plan Sponsor: Metropolitan Warehouse & Deliver
- Sponsor EIN: 223137711
- Sponsor Address: 960 HIGH STREET, PERTH AMBOY, NJ, 08861
- Plan Type: 401(k)
- Total Participants: 380
- Total Assets: $3.1M
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 | 380 | $3.1M | $0 | $764,349 |
| 2023 | 358 | $2.3M | $0 | $688,213 |
| 2022 | 337 | $1.5M | $0 | $649,385 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $17,812 | — | $17,812 |
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | $12,139 | — | $12,139 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- GLOBAL RETIREMENT PARTNERS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,951
- Estimated Expense Ratio: 0.974% 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 | $29,952 | $3,596 | — | — | — |
| 2023 | $20,896 | $8,861 | — | — | — |
| 2022 | $27,595 | — | — | — | — |