Plan Snapshot
- Plan Sponsor: Mainfreight Usa Partnership
- Sponsor EIN: 980550250
- Sponsor Address: 1400 GLENN CURTISS STREET, CARSON, CA, 90746
- Plan Type: 401(k)
- Total Participants: 1,344
- Total Assets: $65.4M
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 | 1,344 | $65.4M | $2.1M | $5.8M |
| 2023 | 1,183 | $55.0M | $2.0M | $6.1M |
| 2022 | 1,284 | $44.8M | $1.8M | $5.0M |
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 |
|---|---|---|---|---|
| ACTUARIAL BENEFITS CORP | Recordkeeper | $23,818 | $28,104 | $51,922 |
| VOYA RETIREMENT ADVISORS, LLC | Investment Advisor | $12,572 | — | $12,572 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,494
- Estimated Expense Ratio: 0.099% 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 | $212,520 | — | $212,520 | — | — |
| 2023 | $188,503 | — | $188,503 | — | — |
| 2022 | $171,504 | — | $171,504 | — | — |