Plan Snapshot
- Plan Sponsor: Molded Fiber Glass Companies
- Sponsor EIN: 340684871
- Sponsor Address: P.O. BOX 675, ASHTABULA, OH, 44005
- Plan Type: 401(k)
- Total Participants: 2,060
- Total Assets: $67.2M
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 | 2,060 | $67.2M | $723,422 | $3.2M |
| 2023 | 1,099 | $62.8M | $683,631 | $3.1M |
| 2022 | 1,174 | $57.2M | $646,118 | $3.2M |
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 |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES INC | ADVISOR | $113,766 | — | $113,766 |
| PEASE BELL CPAS | ACCOUNTANT/AUDITOR | $29,855 | — | $29,855 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $10,275 | — | $10,275 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES INC — ADVISOR
- PEASE BELL CPAS — ACCOUNTANT/AUDITOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,896
- Estimated Expense Ratio: 0.229% 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 | $153,896 | $113,766 | — | $29,855 | — |
| 2023 | $126,829 | $114,479 | — | — | — |
| 2022 | $175,745 | — | — | — | — |