Plan Snapshot
- Plan Sponsor: Makino, INC.
- Sponsor EIN: 310352460
- Sponsor Address: 7680 INNOVATION WAY, MASON, OH, 450409695
- Plan Type: 401(k)
- Total Participants: 538
- Total Assets: $133.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 538 | $133.2M | $2.5M | $5.4M |
| 2023 | 505 | $115.7M | $2.3M | $5.0M |
| 2022 | 476 | $100.4M | $1.9M | $4.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $193,973 | — | $193,973 |
| MORGAN STANLEY GLOBAL BANKING OPERA | INVESTMENT ADVISORY | — | $94,563 | $94,563 |
| TOTAL WEALTH PLANNING LLC | INV ADV, PARTICIPANTS | $8,075 | — | $8,075 |
| FARTHER FINANCE ADVISORS LLC | INV ADV, PARTICIPANTS | $5,925 | — | $5,925 |
| ENVESTNET ASSET MANAGEMENT INC | INV ADV, PARTICIPANTS | $5,289 | — | $5,289 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $307,825
- Estimated Expense Ratio: 0.231% 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 | $213,556 | — | $194,267 | — | — |
| 2023 | $188,537 | — | $172,400 | — | — |
| 2022 | $230,665 | — | $225,769 | — | — |