Plan Snapshot
- Plan Sponsor: Mj Holding Company, LLC
- Sponsor EIN: 364390703
- Sponsor Address: 7852 SOUTH SAYRE AVENUE, BRIDGEVIEW, IL, 60455
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $18.9M
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 | 115 | $18.9M | $453,068 | $1.1M |
| 2023 | 115 | $15.6M | $419,736 | $985,798 |
| 2022 | 114 | $13.3M | $477,452 | $870,855 |
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 | Recordkeeper | $45,396 | — | $45,396 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | — | $37,637 | $37,637 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,033
- Estimated Expense Ratio: 0.439% 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 | $45,396 | — | $45,396 | — | — |
| 2023 | $41,406 | — | $41,406 | — | — |
| 2022 | $38,357 | $31,421 | $6,936 | — | — |