Plan Snapshot
- Plan Sponsor: Mjw Consolidated INC.
- Sponsor EIN: 593740458
- Sponsor Address: 3805 FAYE ROAD, JACKSONVILLE, FL, 322262394
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $8.1M
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 | 113 | $8.1M | $0 | $551,535 |
| 2023 | 115 | $8.9M | $0 | $507,758 |
| 2022 | 107 | $7.6M | $0 | $475,369 |
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 | $39,746 | — | $39,746 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Investment Advisor | — | $16,062 | $16,062 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY ADVISORS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,808
- Estimated Expense Ratio: 0.687% 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 | $39,746 | — | $39,746 | — | — |
| 2023 | $37,982 | — | $37,982 | — | — |
| 2022 | $44,208 | — | $44,208 | — | — |