Plan Snapshot
- Plan Sponsor: Munters Corporation
- Sponsor EIN: 840830599
- Sponsor Address: 14 SOUTH HUNT ROAD, AMESBURY, MA, 01913
- Plan Type: 401(k)
- Total Participants: 1,368
- Total Assets: $139.5M
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 | 1,368 | $139.5M | $4.4M | $8.5M |
| 2023 | 1,357 | $127.5M | $3.9M | $7.0M |
| 2022 | 1,118 | $111.6M | $3.1M | $6.0M |
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 |
|---|---|---|---|---|
| WOLF & COMPANY, P.C. | 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 | $51,639 | — | $6,900 | — | — |
| 2023 | $76,948 | — | $76,948 | — | — |
| 2022 | $84,074 | — | $56,264 | — | $25,235 |