Plan Snapshot
- Plan Sponsor: Main Electric Supply Company LLC
- Sponsor EIN: 274449278
- Sponsor Address: 3600 W SEGERSTROM AVE, SANTA ANA, CA, 92704
- Plan Type: 401(k)
- Total Participants: 741
- Total Assets: $44.4M
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 | 741 | $44.4M | $1.2M | $4.7M |
| 2023 | 574 | $34.2M | $1.1M | $3.9M |
| 2022 | 491 | $24.8M | $813,728 | $3.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $63,344 | — | $63,344 |
| ACCELERATE INVESTMENT ADVISORS LLC | ADVISOR | $25,000 | — | $25,000 |
| KIECKHAFER SCHIFFER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ACCELERATE INVESTMENT ADVISORS LLC — ADVISOR
- KIECKHAFER SCHIFFER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,344
- Estimated Expense Ratio: 0.199% 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 | $88,344 | $25,000 | $300 | — | — |
| 2023 | $71,945 | $31,116 | — | — | — |
| 2022 | $84,963 | — | — | — | — |