Plan Snapshot
- Plan Sponsor: Montauk Bus Service, INC.
- Sponsor EIN: 113459790
- Sponsor Address: 209 WADING RIVER ROAD, CENTER MORICHES, NY, 11934
- Plan Type: 401(k)
- Total Participants: 346
- Total Assets: $1.7M
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 | 346 | $1.7M | $44,157 | $310,373 |
| 2023 | 314 | $1.4M | $43,668 | $289,592 |
| 2022 | 350 | $956,733 | $43,113 | $261,338 |
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 |
|---|---|---|---|---|
| KVR, CPA | 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 | $17,407 | $9,301 | $540 | — | — |
| 2023 | $10,795 | $5,758 | $773 | — | — |
| 2022 | $11,271 | — | $11,271 | — | — |