Plan Snapshot
- Plan Sponsor: Mac Haik Management LLC
- Sponsor EIN: 760350038
- Sponsor Address: 11750 KATY FREEWAY, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 1,870
- Total Assets: $61.2M
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 | 1,870 | $61.2M | $4.6M | $7.8M |
| 2023 | 1,836 | $48.1M | $0 | $7.1M |
| 2022 | 1,752 | $37.6M | $500 | $6.8M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES | SERVICE PROVIDER | — | $136,663 | $136,663 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $49,353 | — | $49,353 |
| NOVA 401(K) ASSOCIATES | THIRD PARTY ADMINISTRATOR | — | $25,472 | $25,472 |
| ADMINISTRATIVE FIDUCIARY SERVICE | SERVICE PROVIDER | $17,600 | — | $17,600 |
| SVADKENAK, SEE AND COMPANY PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL SERVICES — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $229,088
- Estimated Expense Ratio: 0.374% 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 | $398,654 | $67,315 | $321,639 | — | — |
| 2023 | $259,382 | — | $259,382 | — | — |
| 2022 | $123,955 | $123,955 | — | — | — |