Plan Snapshot
- Plan Sponsor: Molloy Bros Trucking INC
- Sponsor EIN: 111990666
- Sponsor Address: 185 PRICE PKWY, FARMINGDALE, NY, 117351318
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $7.9M
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 | 150 | $7.9M | $135,941 | $579,680 |
| 2023 | 165 | $6.2M | $119,428 | $542,117 |
| 2022 | 103 | $5.3M | $94,638 | $439,011 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $26,266 | — | $26,266 |
| RITHOLTZ WEALTH MANAGEMENT LLC | Investment Advisor | $17,778 | — | $17,778 |
| ERISA FIDUCIARY SERVICES, INC. | Recordkeeper | $5,890 | — | $5,890 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,934
- Estimated Expense Ratio: 0.631% 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 | $50,516 | $17,778 | $31,878 | — | — |
| 2023 | $42,682 | $14,078 | $27,744 | — | — |
| 2022 | $39,634 | $14,091 | $25,543 | — | — |