Plan Snapshot
- Plan Sponsor: Monofrax LLC
- Sponsor EIN: 208250290
- Sponsor Address: 1870 NEW YORK AVENUE, FALCONER, NY, 147331740
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 103 | $6.5M | $303 | $2,543 |
| 2023 | 111 | $6.0M | $0 | $0 |
| 2022 | 120 | $6.2M | $185,222 | $383,769 |
| 2021 | 92 | $7.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| LUMSDEN & MCCORMICK, LLP | Auditor | $7,793 | — | $7,793 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LUMSDEN & MCCORMICK, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,793
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 | $18,824 | $2,480 | $8,551 | $7,793 | — |
| 2024 | $35,927 | $5,992 | $23,036 | $6,899 | — |
| 2023 | $28,068 | $5,993 | $22,075 | — | — |
| 2022 | $29,100 | $5,993 | $23,107 | — | — |
| 2021 | $33,085 | $5,993 | $27,092 | — | — |