Plan Snapshot
- Plan Sponsor: Mum Industries, INC.
- Sponsor EIN: 341845975
- Sponsor Address: 8989 TYLER BLVD., MENTOR, OH, 44060
- Plan Type: 401(k)
- Total Participants: 298
- Total Assets: $8.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 298 | $8.0M | $225,380 | $635,345 |
| 2023 | 260 | $6.4M | $226,067 | $628,033 |
| 2022 | 79 | $4.8M | $202,235 | $569,650 |
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 |
|---|---|---|---|---|
| MARCUM 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 | $350,609 | — | $46,254 | — | — |
| 2023 | $281,577 | — | $42,024 | — | — |
| 2022 | $39,843 | — | — | — | — |