Plan Snapshot
- Plan Sponsor: Mac Valves, INC.
- Sponsor EIN: 381292687
- Sponsor Address: 30569 BECK RD., WIXOM, MI, 48393
- Plan Type: DC
- Total Participants: 420
- Total Assets: $39.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 420 | $39.5M | $252,304 | $1.5M |
| 2023 | 454 | $37.7M | $273,133 | $1.5M |
| 2022 | 469 | $33.1M | $325,000 | $1.5M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL BANKING OPERA | INVESTMENT ADVISORY | $56,522 | — | $56,522 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $44,061 | — | $44,061 |
| PLANTE MORAN, PLLC | AUDITOR | $15,180 | — | $15,180 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BANKING OPERA — INVESTMENT ADVISORY
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,763
- Estimated Expense Ratio: 0.293% 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 | $115,763 | $56,522 | — | $15,180 | — |
| 2023 | $94,023 | $51,344 | — | — | — |
| 2022 | $117,256 | $52,940 | — | — | $13,800 |