Plan Snapshot
- Plan Sponsor: Monoflo International, INC.
- Sponsor EIN: 540947522
- Sponsor Address: 882 BAKER LANE, WINCHESTER, VA, 22603
- Plan Type: 401(k)
- Total Participants: 366
- Total Assets: $12.5M
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 | 366 | $12.5M | $333,678 | $792,535 |
| 2023 | 332 | $10.4M | $308,025 | $708,839 |
| 2022 | 285 | $8.8M | $249,579 | $580,695 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | ADVISOR | — | $24,930 | $24,930 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $8,798 | — | $8,798 |
| TURNER, LEINS & GOLD, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- TURNER, LEINS & GOLD, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,728
- Estimated Expense Ratio: 0.270% 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 | $8,798 | — | — | — | — |
| 2023 | $11,239 | — | — | — | — |
| 2022 | $7,439 | — | — | — | — |