Plan Snapshot
- Plan Sponsor: Monroe Operations, LLC
- Sponsor EIN: 260605517
- Sponsor Address: 3990 HILLSBORO PIKE, SUITE 330, NASHVILLE, TN, 37215
- Plan Type: 401(k)
- Total Participants: 3,338
- Total Assets: $51.3M
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 | 3,338 | $51.3M | $1.8M | $7.5M |
| 2023 | 2,064 | $14.4M | $552,397 | $3.7M |
| 2022 | 1,977 | $8.2M | $439,336 | $3.0M |
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 |
|---|---|---|---|---|
| BLANKENSHIP CPA GROUP, PLLC | Auditor | — | — | $0 |
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 | $256,956 | $42,312 | $8,374 | — | — |
| 2023 | $155,269 | $147,584 | — | — | — |
| 2022 | $100,800 | $97,206 | — | — | — |