Plan Snapshot
- Plan Sponsor: Mahindra Usa, INC
- Sponsor EIN: 760438770
- Sponsor Address: 9020 JACKRABBIT ROAD, SUITE 600, HOUSTON, TX, 77095
- Plan Type: 401(k)
- Total Participants: 257
- Total Assets: $10.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 257 | $10.2M | $489,003 | $1.1M |
| 2023 | 247 | $9.3M | $435,808 | $886,415 |
| 2022 | 178 | $5.3M | $335,368 | $643,022 |
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 |
|---|---|---|---|---|
| KNAV CPA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KNAV CPA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $66,620 | $33,799 | — | — | — |
| 2023 | $55,393 | $25,670 | — | — | — |
| 2022 | $34,195 | — | — | — | — |