Plan Snapshot
- Plan Sponsor: Mack Property Management, LP
- Sponsor EIN: 223715659
- Sponsor Address: 2415 EAST CAMELBACK ROAD, PHOENIX, AZ, 85016
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $7.4M
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 | 178 | $7.4M | $428,148 | $686,010 |
| 2023 | 176 | $6.3M | $418,911 | $618,243 |
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 |
|---|---|---|---|---|
| COMPASS 360, LLC | Recordkeeper | $15,165 | — | $15,165 |
| THE VANGUARD GROUP, INC | Recordkeeper | $8,732 | — | $8,732 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,897
- Estimated Expense Ratio: 0.323% 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 | $15,498 | — | $15,498 | — | — |
| 2023 | $12,329 | $8,609 | — | — | — |