Plan Snapshot
- Plan Sponsor: Mint Julep Restaurant Management
- Sponsor EIN: 271290278
- Sponsor Address: PO BOX 1627, LEXINGTON, KY, 40588
- Plan Type: 401(k)
- Total Participants: 426
- Total Assets: $1.8M
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 | 426 | $1.8M | $221,883 | $344,793 |
| 2023 | 358 | $1.4M | $50,924 | $310,440 |
| 2022 | 281 | $1.1M | $63,867 | $307,518 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $25,954 | — | $25,954 |
| UBS FINANCIAL SERVICES, INC. | INVESTMENT/FINANCIAL ADVI | $7,362 | — | $7,362 |
| SKW CPA'S & ADVISORS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- UBS FINANCIAL SERVICES, INC. — INVESTMENT/FINANCIAL ADVI
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,316
- Estimated Expense Ratio: 1.894% 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 | $40,680 | $7,363 | — | — | — |
| 2023 | $23,112 | $6,030 | — | — | — |
| 2022 | $8,502 | — | — | — | — |