Plan Snapshot
- Plan Sponsor: Murdock Webbing Company, INC.
- Sponsor EIN: 050270977
- Sponsor Address: 27 FOUNDRY ST, CENTRAL FALLS, RI, 02863
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $5.9M
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 | 185 | $5.9M | $0 | $369,122 |
| 2023 | 173 | $5.6M | $0 | $334,778 |
| 2022 | 162 | $5.0M | $162 | $306,134 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $24,684 | — | $24,684 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $13,062 | — | $13,062 |
| DISANTO, PRIEST & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- DISANTO, PRIEST & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,746
- Estimated Expense Ratio: 0.636% 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 | $37,746 | $13,062 | — | — | — |
| 2023 | $23,813 | — | — | — | — |
| 2022 | $5,322 | — | $5,322 | — | — |