Plan Snapshot
- Plan Sponsor: Mike Albert Leasing, INC.
- Sponsor EIN: 310604321
- Sponsor Address: 10340 EVENDALE DRIVE, CINCINNATI, OH, 452412512
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $95.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 228 | $95.9M | $829,526 | $2.1M |
| 2023 | 215 | $85.9M | $800,596 | $2.1M |
| 2022 | 213 | $76.6M | $670,956 | $2.6M |
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 |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | $23,695 | — | $23,695 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,695
- Estimated Expense Ratio: 0.025% 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 | $108,853 | $45,089 | — | $23,695 | — |
| 2023 | $119,250 | $45,000 | — | $29,242 | — |
| 2022 | $268,715 | — | — | — | — |