Plan Snapshot
- Plan Sponsor: Mitchell/Martin INC.
- Sponsor EIN: 133591013
- Sponsor Address: 550 7TH AVENUE, NEW YORK, NY, 10018
- Plan Type: 401(k)
- Total Participants: 988
- Total Assets: $56.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 988 | $56.3M | $0 | $6.7M |
| 2023 | 1,052 | $48.7M | $0 | $7.9M |
| 2022 | 1,265 | $37.1M | $0 | $7.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $101,771 | — | $101,771 |
| LPL FINANCIAL LLC | Investment Advisor | $40,420 | — | $40,420 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- LPL FINANCIAL LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,191
- Estimated Expense Ratio: 0.253% 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 | $142,191 | $40,420 | — | — | — |
| 2023 | $140,060 | $32,137 | — | $18,000 | — |
| 2022 | $133,062 | — | — | — | — |