Plan Snapshot
- Plan Sponsor: Morito Scovill Americas, LLC
- Sponsor EIN: 452459488
- Sponsor Address: 1802 SCOVILL DR., CLARKESVILLE, GA, 30523
- Plan Type: 401(k)
- Total Participants: 108
- Total Assets: $12.0M
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 | 108 | $12.0M | $59,406 | $269,899 |
| 2023 | 110 | $11.7M | $66,286 | $278,533 |
| 2022 | 125 | $11.3M | $72,758 | $316,064 |
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 |
|---|---|---|---|---|
| BATES, CARTER AND CO.,LLP | 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 | $22,511 | $22,511 | — | — | — |
| 2023 | $21,983 | $21,983 | — | — | — |
| 2022 | $23,464 | — | $23,464 | — | — |