Plan Snapshot
- Plan Sponsor: Mold-Rite Plastics, LLC
- Sponsor EIN: 272958234
- Sponsor Address: 1 PLANT STREET, PLATTSBURGH, NY, 12901
- Plan Type: 401(k)
- Total Participants: 696
- Total Assets: $48.1M
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 | 696 | $48.1M | $1.4M | $2.5M |
| 2023 | 708 | $42.0M | $1.2M | $2.3M |
| 2022 | 604 | $39.5M | $1.1M | $2.2M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $129,279 | — | $129,279 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $68,804 | $9,456 | $78,260 |
| CARON & BLETZER PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- CARON & BLETZER PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $207,539
- Estimated Expense Ratio: 0.432% 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 | $206,298 | $68,805 | — | — | — |
| 2023 | $141,926 | $61,247 | — | — | — |
| 2022 | $174,785 | — | — | — | — |