Plan Snapshot
- Plan Sponsor: Mp Biomedicals, INC.
- Sponsor EIN: 651193911
- Sponsor Address: 29525 FOUNTAIN PKWY, SOLON, OH, 441394351
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $13.3M
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 | 117 | $13.3M | $174,237 | $619,350 |
| 2023 | 132 | $12.4M | $193,780 | $833,288 |
| 2022 | 130 | $11.4M | $139,732 | $687,044 |
| 2019 | 114 | $10.8M | $0 | $0 |
| 2018 | 125 | $9.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| MEADEN & MOORE, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE, LTD — Auditor
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 | $67,140 | $12,952 | $34,759 | — | — |
| 2023 | $62,940 | $12,095 | $32,743 | — | — |
| 2022 | $62,170 | $12,234 | $31,586 | — | $18,350 |
| 2019 | $13,348 | $821 | $11,295 | — | — |
| 2018 | $1,637 | — | $1,637 | — | — |