Plan Snapshot
- Plan Sponsor: Manufacturing Engineering Systems, INC
- Sponsor EIN: 521853553
- Sponsor Address: 30 W GUDE DR. SUITE 530, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 286
- Total Assets: $11.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 286 | $11.0M | $1.1M | $258,433 |
| 2023 | 236 | $9.3M | $1.0M | $258,795 |
| 2022 | 202 | $7.6M | $991,420 | $230,660 |
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 |
|---|---|---|---|---|
| DAVIDSON, DOYLE & HILTON | Auditor | $8,100 | — | $8,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVIDSON, DOYLE & HILTON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,100
- Estimated Expense Ratio: 0.074% 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 | $85,621 | $24,509 | — | $8,100 | — |
| 2023 | $74,946 | $25,461 | — | $8,000 | — |
| 2022 | $67,271 | $26,524 | $26,199 | — | $6,648 |