Plan Snapshot
- Plan Sponsor: Mvrk I, LLC
- Sponsor EIN: 873347177
- Sponsor Address: 250 CEDAR BRIDGE AVENUE, SUITE 286A, LAKEWOOD, NJ, 08701
- Plan Type: 401(k)
- Total Participants: 1,521
- Total Assets: $648,096
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,521 | $648,096 | $0 | $164,305 |
| 2023 | 162 | $618,057 | $0 | $321,674 |
| 2022 | 555 | $185,011 | $0 | $56,747 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | RECORDKEEPER | $15,739 | — | $15,739 |
| SEE ATTACHED. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,739
- Estimated Expense Ratio: 2.428% 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 | $22,331 | — | $22,331 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $5,540 | — | — | — | $5,540 |