Plan Snapshot
- Plan Sponsor: Milrose Consultants, LLC
- Sponsor EIN: 113039923
- Sponsor Address: 498 SEVENTH AVENUE, 17TH FLOOR, NEW YORK, NY, 10018
- Plan Type: 401(k)
- Total Participants: 413
- Total Assets: $17.9M
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 | 413 | $17.9M | $201,450 | $1.4M |
| 2023 | 296 | $12.4M | $6,396 | $983,013 |
| 2022 | 244 | $9.6M | $0 | $874,198 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $43,837 | — | $43,837 |
| WELLS FARGO ADVISORS FIN NETWORK | INVESTMENT ADVISORY | $31,130 | $1,483 | $32,613 |
| MMA SECURITIES LLC | INVESTMENT ADVISORY | $7,166 | $1 | $7,167 |
| PKF O'CONNOR DAVIES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES LLC — INVESTMENT ADVISORY
- PKF O'CONNOR DAVIES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,617
- Estimated Expense Ratio: 0.468% 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 | $82,134 | $38,297 | $43,837 | — | — |
| 2023 | $54,905 | $26,057 | $28,848 | — | — |
| 2022 | $49,028 | $24,132 | $24,896 | — | — |