Plan Snapshot
- Plan Sponsor: Mve, LLC
- Sponsor EIN: 873342878
- Sponsor Address: 2 RUTGERS ROAD, CRAFTON, PA, 15205
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 40
- Total Assets: $128,714
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 40 | $128,714 | $406,504 | $104,648 |
| 2023 | 37 | $103,718 | $341,810 | $91,366 |
| 2022 | 36 | $64,153 | $249,137 | $93,880 |
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 |
|---|---|---|---|---|
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $19,402 | — | $19,402 |
| COURY HEALTH SERVICES LLC | Investment Advisor | $14,075 | — | $14,075 |
| THE BENECON GROUP | Investment Advisor | $12,606 | — | $12,606 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,083
- Estimated Expense Ratio: 35.803% 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 | $492,452 | — | — | — | — |
| 2023 | $393,836 | — | — | — | — |
| 2022 | $337,671 | — | — | — | — |