Plan Snapshot
- Plan Sponsor: Mako Medical Laboratories LLC
- Sponsor EIN: 471359076
- Sponsor Address: 4901 GLENWOOD AVENUE SUITE 300, RALEIGH, NC, 27612
- Plan Type: 401(k)
- Total Participants: 821
- Total Assets: $8.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 821 | $8.1M | $337,770 | $2.3M |
| 2023 | 874 | $6.6M | $291,902 | $2.1M |
| 2022 | 921 | $4.3M | $276,752 | $1.6M |
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 |
|---|---|---|---|---|
| EMPOWER | ADMIN | $39,574 | — | $39,574 |
| THOMAS, JUDY & TUCKER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPOWER — ADMIN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,574
- Estimated Expense Ratio: 0.490% 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 | $40,399 | — | — | — | — |
| 2023 | $36,586 | $2,114 | — | — | — |
| 2022 | $27,501 | — | $27,501 | — | — |