Plan Snapshot
- Plan Sponsor: The Manufacturers Investment Corporation
- Sponsor EIN: 383261832
- Sponsor Address: 200 BERKELEY STREET, BOSTON, MA, 02116
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,900
- Total Assets: $283.2M
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 | 4,900 | $283.2M | $75.3M | $30.9M |
| 2023 | 5,094 | $288.2M | $69.5M | $29.6M |
| 2022 | 5,216 | $279.0M | $65.5M | $29.5M |
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 |
|---|---|---|---|---|
| AON CONSULTING, INC. | Recordkeeper | $253,017 | — | $253,017 |
| UNITED MEDICAL RESOURCES, INC. | Other Service Provider | $86,040 | — | $86,040 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $42,424 | — | $42,424 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING, INC. — Recordkeeper
- ALIGHT SOLUTIONS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $381,481
- Estimated Expense Ratio: 0.135% 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 | $355,052 | — | $339,559 | — | — |
| 2023 | $416,481 | — | $327,199 | — | — |
| 2022 | $290,735 | — | — | — | $299,669 |