Plan Snapshot
- Plan Sponsor: Marki Microwave, INC.
- Sponsor EIN: 770293928
- Sponsor Address: 345 DIGITAL DR, MORGAN HILL, CA, 95037
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $18.3M
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 | 157 | $18.3M | $496,291 | $1.5M |
| 2023 | 142 | $19.9M | $375,339 | $1.4M |
| 2022 | 178 | $17.1M | $411,755 | $1.5M |
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 |
|---|---|---|---|---|
| PARK AVENUE SECURITIES | ADVISOR | $36,043 | — | $36,043 |
| ENVESTNET | INVESTMENT ADVISOR | $9,019 | — | $9,019 |
| ABBOTT, STRINGHAM & LYNCH | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARK AVENUE SECURITIES — ADVISOR
- ENVESTNET — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,062
- Estimated Expense Ratio: 0.246% 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 | $47,556 | $45,062 | — | — | — |
| 2023 | $54,659 | $35,670 | — | — | — |
| 2022 | $46,073 | — | — | — | — |