Plan Snapshot
- Plan Sponsor: Montrose Environmental Group, INC.
- Sponsor EIN: 464195044
- Sponsor Address: 4 PARK PLAZA, IRVINE, CA, 92614
- Plan Type: 401(k)
- Total Participants: 2,154
- Total Assets: $191.1M
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. |
|---|---|---|---|---|
| 2024 | 2,154 | $191.1M | $7.3M | $16.7M |
| 2023 | 2,052 | $156.0M | $6.5M | $15.0M |
| 2022 | 2,281 | $128.8M | $6.6M | $12.4M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SVCS | RETAINED BY EMPLOYER | $205,197 | — | $205,197 |
| GLOBAL RETIREMENT PARTNERS, LLC | RETAINED BY EMPLOYER | $123,697 | — | $123,697 |
| WRIGHT, FORD, YOUNG & CO | AUDITOR | $34,000 | — | $34,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SVCS — RETAINED BY EMPLOYER
- GLOBAL RETIREMENT PARTNERS, LLC — RETAINED BY EMPLOYER
- WRIGHT, FORD, YOUNG & CO — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $362,894
- Estimated Expense Ratio: 0.190% 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 | $362,894 | $132,954 | $195,940 | $34,000 | — |
| 2023 | $286,018 | $109,147 | $157,641 | $19,230 | — |
| 2022 | $289,658 | $135,032 | $143,186 | — | $11,440 |