Plan Snapshot
- Plan Sponsor: Mallick Mechcanical Contractors, INC.
- Sponsor EIN: 521964567
- Sponsor Address: 8010 CESSNA DRIVE, GAITHERSBURG, MD, 20879
- Plan Type: 401(k)
- Total Participants: 71
- Total Assets: $8.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 71 | $8.9M | $154,861 | $441,439 |
| 2023 | 121 | $8.7M | $251,767 | $513,869 |
| 2022 | 177 | $7.0M | $239,601 | $443,837 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL | Recordkeeper | $22,752 | — | $22,752 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $15,365 | — | $15,365 |
| JM PENSION ADVISORY, INC. | Recordkeeper | $2,975 | $4,322 | $7,297 |
| MORGAN STANLEY GLOBAL | Investment Advisor | $7,261 | — | $7,261 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — Recordkeeper
- MORGAN STANLEY GLOBAL — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,675
- Estimated Expense Ratio: 0.593% 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 | $48,353 | — | — | — | — |
| 2023 | $43,861 | — | $43,861 | — | — |
| 2022 | $44,517 | — | $41,936 | — | $2,581 |