Plan Snapshot
- Plan Sponsor: Nationwide Mortgage Bankers In
- Sponsor EIN: 452969502
- Sponsor Address: 3 HUNTINGTON QUADRANGLE, MELVILLE, NY, 11747
- Plan Type: 401(k)
- Total Participants: 458
- Total Assets: $11.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 458 | $11.5M | $0 | $1.8M |
| 2023 | 494 | $8.5M | $0 | $1.5M |
| 2022 | 540 | $6.4M | $0 | $1.7M |
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 |
|---|---|---|---|---|
| CATHEDRAL CPAS AND ADVISORS LLP | 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 | $72,914 | $46,647 | $25,407 | — | — |
| 2023 | $57,103 | $34,323 | $21,920 | — | — |
| 2022 | $43,969 | $24,956 | $19,013 | — | — |