Plan Snapshot
- Plan Sponsor: M.P. Environmental Services, INC.
- Sponsor EIN: 770262888
- Sponsor Address: 3400 MANOR STREET, BAKERSFIELD, CA, 93308
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $13.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 273 | $13.5M | $284,269 | $1.4M |
| 2023 | 257 | $12.4M | $328,294 | $1.3M |
| 2022 | 250 | $10.2M | $261,844 | $1.3M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $56,280 | $2,095 | $58,375 |
| BARNES WEALTH MANAGEMENT GROUP | NONE | $25,017 | — | $25,017 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $5,002 | $5,002 |
| BARBICH HOOPER KING DILL HOFFMAN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- CHARLES SCHWAB TRUST BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,394
- Estimated Expense Ratio: 0.654% 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 | $81,497 | $25,017 | $56,480 | — | — |
| 2023 | $75,170 | $25,000 | $50,170 | — | — |
| 2022 | $81,234 | — | $81,234 | — | — |