Plan Snapshot
- Plan Sponsor: Modern Disposal Services, INC.
- Sponsor EIN: 160875858
- Sponsor Address: 4746 MODEL CITY ROAD, MODEL CITY, NY, 14107
- Plan Type: 401(k)
- Total Participants: 503
- Total Assets: $28.2M
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 | 503 | $28.2M | $923,540 | $2.3M |
| 2023 | 561 | $26.5M | $862,520 | $2.2M |
| 2022 | 556 | $22.9M | $791,569 | $2.0M |
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 |
|---|---|---|---|---|
| COURIER CAPITAL INC | INVESTMENT ADVISORY | — | $26,088 | $26,088 |
| ACTUARIAL CONSULTING SERVICES | THIRD PARTY ADMINISTRATO | $570 | $12,863 | $13,433 |
| BROCK, SCHECHTER & POLAKOFF, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,521
- Estimated Expense Ratio: 0.140% 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 | $78,565 | — | $78,565 | — | — |
| 2023 | $65,422 | — | $65,422 | — | — |
| 2022 | $64,310 | — | $63,560 | — | $750 |