Plan Snapshot
- Plan Sponsor: Lin Engineering, INC.
- Sponsor EIN: 770287094
- Sponsor Address: 16245 VINEYARD BLVD., MORGAN HILL, CA, 95037
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 138 | $9.9M | $178,246 | $722,036 |
| 2023 | 146 | $9.0M | $187,582 | $815,961 |
| 2022 | 162 | $6.7M | $178,007 | $728,454 |
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 |
|---|---|---|---|---|
| WESPAC ADVISORS, LLC | NONE | $22,626 | — | $22,626 |
| WESPAC PLAN SERVICES, LLC | NONE | $19,410 | — | $19,410 |
| CHARLES SCHWAB TRUST BANK | NONE | $5,061 | — | $5,061 |
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — NONE
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,097
- Estimated Expense Ratio: 0.474% 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 | $53,047 | $22,626 | — | — | — |
| 2023 | $34,189 | $17,552 | $5,191 | — | — |
| 2022 | $36,964 | $15,444 | $13,450 | — | — |