Plan Snapshot
- Plan Sponsor: Modern Dispersions
- Sponsor EIN: 042662239
- Sponsor Address: 78 MARGUERITE AVENUE, LEOMINSTER, MA, 01453
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $21.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 190 | $21.3M | $586,728 | $900,030 |
| 2023 | 223 | $18.3M | $564,517 | $879,682 |
| 2022 | 189 | $15.3M | $501,921 | $783,782 |
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 |
|---|---|---|---|---|
| CARR RIGGS & INGRAM | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $71,619 | — | $50,499 | — | — |
| 2023 | $59,661 | — | $42,096 | — | — |
| 2022 | $54,539 | — | $39,031 | — | — |