Plan Snapshot
- Plan Sponsor: Mak Technologies, INC.
- Sponsor EIN: 043095296
- Sponsor Address: 10 FAWCETT STREET, SUITE 204, CAMBRIDGE, MA, 02138
- Plan Type: 401(k)
- Total Participants: 72
- Total Assets: $25.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 72 | $25.3M | $208,057 | $897,524 |
| 2023 | 72 | $23.5M | $279,044 | $719,905 |
| 2022 | 74 | $20.3M | $279,349 | $899,677 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, 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 | $73,908 | $30,492 | — | — | — |
| 2023 | $70,663 | $34,007 | — | — | — |
| 2022 | $60,294 | $19,254 | — | — | $41,040 |