Plan Snapshot
- Plan Sponsor: Mj Management, LLC
- Sponsor EIN: 742947475
- Sponsor Address: 121 WEST SIXTH STREET, AUSTIN, TX, 78701
- Plan Type: 401(k)
- Total Participants: 110
- Total Assets: $19.3M
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 | 110 | $19.3M | $167,925 | $1.3M |
| 2023 | 106 | $17.4M | $164,941 | $1.3M |
| 2022 | 127 | $13.8M | $229,457 | $1.2M |
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 |
|---|---|---|---|---|
| FROST BANK | ADVISOR | $41,943 | — | $41,943 |
| PEGGY S. EDGE, CPA, LLC | ACCOUNTANT/AUDITOR | $7,800 | — | $7,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PEGGY S. EDGE, CPA, LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,743
- Estimated Expense Ratio: 0.258% 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 | $49,968 | $41,943 | — | $7,800 | — |
| 2023 | $55,742 | $48,167 | — | $7,300 | — |
| 2022 | $55,002 | — | — | — | — |