Plan Snapshot
- Plan Sponsor: Mapal INC.
- Sponsor EIN: 382082239
- Sponsor Address: 4032 DOVE ROAD, PORT HURON, MI, 48060
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $17.0M
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 | 119 | $17.0M | $398,481 | $884,214 |
| 2023 | 141 | $15.7M | $442,996 | $974,124 |
| 2022 | 136 | $13.1M | $412,203 | $892,889 |
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 |
|---|---|---|---|---|
| MRPR CPAS AND ADVISORS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MRPR CPAS AND ADVISORS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $40,055 | — | $40,055 | — | — |
| 2023 | $34,086 | — | $34,086 | — | — |
| 2022 | $7,175 | — | $7,175 | — | — |