Plan Snapshot
- Plan Sponsor: Monosol, LLC
- Sponsor EIN: 752937556
- Sponsor Address: 707 E 80TH PL, MERRILLVILLE, IN, 46410
- Plan Type: 401(k)
- Total Participants: 355
- Total Assets: $62.4M
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 | 355 | $62.4M | $3.6M | $3.3M |
| 2023 | 354 | $53.7M | $4.8M | $3.2M |
| 2022 | 354 | $41.3M | $4.3M | $2.9M |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES LLC | ADVISOR | $63,910 | — | $63,910 |
| APPLEGATE & COMPANY CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,910
- Estimated Expense Ratio: 0.102% 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 | $1,114 | $63,910 | $2,700 | — | — |
| 2023 | -$15,847 | $53,732 | $300 | — | — |
| 2022 | -$4,923 | — | — | — | — |