Plan Snapshot
- Plan Sponsor: Momentum Manufacturing Group
- Sponsor EIN: 823027983
- Sponsor Address: 210 PIERCE ROAD, ST. JOHNSBURY, VT, 05819
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 676
- Total Assets: $33.2M
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. |
|---|---|---|---|---|
| 2025 | 676 | $33.2M | $0 | $0 |
| 2024 | 447 | $21.5M | $285,601 | $1.1M |
| 2023 | 488 | $19.0M | $264,138 | $1.1M |
| 2022 | 494 | $15.3M | $257,358 | $1.1M |
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 BROKER-DEALER | Recordkeeper | $38,031 | — | $38,031 |
| ALLIANT INSURANCE AGENCY INC | Investment Advisor | $35,438 | — | $35,438 |
| ADP, INC. | Recordkeeper | $9,504 | — | $9,504 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,973
- Estimated Expense Ratio: 0.250% 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 |
|---|---|---|---|---|---|
| 2025 | $3,907,750 | $35,437 | — | — | — |
| 2024 | $72,144 | $30,707 | — | — | — |
| 2023 | $74,773 | $31,908 | — | — | — |
| 2022 | $74,028 | — | — | — | — |