Plan Snapshot
- Plan Sponsor: Murray Equipment, INC
- Sponsor EIN: 351051878
- Sponsor Address: 2515 CHARLESTON PLACE, FORT WAYNE, IN, 468081385
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $24.6M
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 | $24.6M | $828,482 | $1.1M |
| 2023 | 183 | $24.3M | $793,912 | $985,247 |
| 2022 | 161 | $20.8M | $660,257 | $834,617 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $64,352 | — | $64,352 |
| BADEN GAGE & SCHROEDER LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- BADEN GAGE & SCHROEDER LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,352
- Estimated Expense Ratio: 0.261% 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 | $63,973 | — | $63,973 | — | — |
| 2023 | $102,965 | — | $102,965 | — | — |
| 2022 | $98,826 | — | $98,826 | — | — |