Plan Snapshot
- Plan Sponsor: Michael Skurnik Wines, INC.
- Sponsor EIN: 112945508
- Sponsor Address: 100 JERICHO QUADRANGLE, JERICHO, NY, 11753
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $31.2M
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 | 228 | $31.2M | $797,858 | $1.8M |
| 2023 | 211 | $26.4M | $679,375 | $1.6M |
| 2022 | 182 | $20.6M | $537,161 | $1.3M |
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 |
|---|---|---|---|---|
| GRASSI & CO., CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRASSI & CO., CPAS — 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 | $55,899 | $19,625 | $11,362 | — | — |
| 2023 | $48,753 | $19,535 | $9,086 | — | — |
| 2022 | $47,342 | $18,001 | $29,341 | — | — |