Plan Snapshot
- Plan Sponsor: Mfs Supply, LLC
- Sponsor EIN: 204935387
- Sponsor Address: 31100 SOLON RD, SOLON, OH, 44139
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 140 | $6.1M | $193,966 | $683,564 |
| 2023 | 152 | $4.8M | $178,776 | $660,093 |
| 2022 | 135 | $3.5M | $131,154 | $505,027 |
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 |
|---|---|---|---|---|
| MEADEN & MOORE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE — Auditor
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 | $42,949 | — | $42,949 | — | — |
| 2023 | $58,827 | $13,202 | — | — | — |
| 2022 | $29,307 | $11,227 | $18,080 | — | — |