Plan Snapshot
- Plan Sponsor: Amax Engineering Corporation
- Sponsor EIN: 770046535
- Sponsor Address: 1565 RELIANCE WAY, FREMONT, CA, 94539
- Plan Type: 401(k)
- Total Participants: 136
- Total Assets: $25.7M
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 | 136 | $25.7M | $156,831 | $1.1M |
| 2023 | 140 | $21.3M | $152,294 | $923,899 |
| 2022 | 127 | $19.0M | $155,752 | $916,024 |
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 |
|---|---|---|---|---|
| INNOVEST PORTFOLIO SOLUTIONS LLC | ADVISORY | $8,117 | — | $8,117 |
| JOHANSON & YAU ACCOUNTANCY CORP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,117
- Estimated Expense Ratio: 0.032% 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 | $12,200 | $9,981 | — | — | — |
| 2023 | $18,836 | $15,762 | — | — | — |
| 2022 | $33,136 | $31,454 | — | — | — |