Plan Snapshot
- Plan Sponsor: Majorkey Technologies LLC
- Sponsor EIN: 364268153
- Sponsor Address: 1 MID AMERICA PLAZA, 3RD FLOOR, OAKBROOK TERRACE, IL, 60181
- Plan Type: 401(k)
- Total Participants: 131
- Total Assets: $24.4M
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 | 131 | $24.4M | $326,340 | $1.1M |
| 2023 | 68 | $11.8M | $366,495 | $943,839 |
| 2022 | 88 | $11.5M | $439,968 | $1.1M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | INVESTMENT ADVISOR | $19,552 | — | $19,552 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $12,847 | — | $12,847 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $5,069 | — | $5,069 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,468
- Estimated Expense Ratio: 0.154% 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 | $41,400 | $27,099 | $1,947 | — | — |
| 2023 | $36,264 | $22,403 | $2,025 | — | — |
| 2022 | $36,021 | — | $36,021 | — | — |