Plan Snapshot
- Plan Sponsor: Momentum Textiles, LLC
- Sponsor EIN: 330580411
- Sponsor Address: 17811 FITCH, IRVINE, CA, 92614
- Plan Type: 401(k)
- Total Participants: 248
- Total Assets: $49.9M
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 | 248 | $49.9M | $829,110 | $2.3M |
| 2023 | 229 | $44.9M | $784,809 | $2.1M |
| 2022 | 217 | $38.4M | $672,137 | $1.8M |
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 |
|---|---|---|---|---|
| WINDES, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WINDES, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $144,563 | $31,289 | $4,569 | — | — |
| 2023 | $141,369 | $30,000 | $26,000 | $12,000 | — |
| 2022 | $143,240 | $30,000 | $90,875 | — | — |