# Mako Medical Laboratories LLC 401(k) Plan
Source: https://planprovider.pro/companies/mako-medical-laboratories-401k-plan

> Mako Medical Laboratories LLC&#39;s 401(k) plan: 821 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|—|—|

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