Plan Snapshot
- Plan Sponsor: Mother Industries, LLC.
- Sponsor EIN: 200263558
- Sponsor Address: 77 10TH STREET, BROOKLYN, NY, 11215
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $17.4M
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 | 175 | $17.4M | $1,234 | $2.3M |
| 2023 | 200 | $15.2M | $387,071 | $2.1M |
| 2022 | 186 | $11.2M | $322,987 | $1.9M |
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 |
|---|---|---|---|---|
| CETERA INVESTMENT ADVISORS LLC | ADVISOR | $62,775 | — | $62,775 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $44,155 | — | $44,155 |
| MACIAS, GINI & O'CONNELL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MACIAS, GINI & O'CONNELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,930
- Estimated Expense Ratio: 0.613% 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 | $123,080 | $62,775 | — | — | — |
| 2023 | $90,727 | $60,767 | — | — | — |
| 2022 | $88,918 | — | — | — | — |