Plan Snapshot
- Plan Sponsor: Monolith Brands Group, INC.
- Sponsor EIN: 862542875
- Sponsor Address: 7284 W 200 N, GREENFIELD, IN, 46140
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 106 | $2.2M | $0 | $513,842 |
| 2023 | 154 | $1.6M | $0 | $432,066 |
| 2022 | 10 | $776,283 | $57,093 | $88,085 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $13,087 | — | $13,087 |
| ALLIANT INSURANCE SERVICES INC DBA | Other Service Provider | $10,040 | $937 | $10,977 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,064
- Estimated Expense Ratio: 1.107% 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 | $23,011 | — | $23,011 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |