# Mfa Benefits LLC 401(k) Plan
Source: https://planprovider.pro/companies/mfa-benefits-llc-401k-plan

> Mfa Benefits LLC&#39;s 401(k) plan: 13,826 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mfa Benefits LLC

- **Sponsor EIN:** 541278483

- **Sponsor Address:** 400 BOULEVARD OF THE AMERICAS, LAKEWOOD, NJ, 08701

- **Plan Type:** 401(k)

- **Total Participants:** 13,826

- **Total Assets:** $100.5M

## 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|13,826|$100.5M|$1.1M|$8.2M|

| 2023|7,625|$92.4M|$1.1M|$7.2M|

| 2022|4,445|$86.1M|$1.0M|$5.0M|

## 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|

| FIDELITY WORKPLACE SERVICES, LLC|PLAN ADMINISTRATOR|$164,230|—|$164,230|

| ABLE WEALTH MANAGEMENT LLC|INVESTMENT ADVISOR|$119,336|—|$119,336|

| CAMBRIDGE INVESTMENT RESEARCH|ADVISOR|$70,589|—|$70,589|

| GGM ASSOCIATES INC|CONSULTANT|$20,000|—|$20,000|

| PEASE BELL CPAS|ACCOUNTANT/AUDITOR|$11,500|—|$11,500|

| STRATEGIC ADVISORS, INC.|ADVISOR|$6,886|—|$6,886|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [PEASE BELL CPAS](https://planprovider.pro/provider/pease-bell-cpas-llc) — ACCOUNTANT/AUDITOR

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $392,541

- **Estimated Expense Ratio:** 0.390% 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|$392,540|$196,811|$26,899|$11,500|—|

| 2023|$397,264|$223,613|$27,923|$29,000|—|

| 2022|$409,638|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/mfa-benefits-llc-401k-plan)

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