# Martin Automatic, INC. 401(k) Plan
Source: https://planprovider.pro/companies/martin-automatic-inc-401k-plan

> Martin Automatic, INC.'s 401(k) plan: 153 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Martin Automatic, INC.

- **Sponsor EIN:** 362649881

- **Sponsor Address:** 1661 NORTHROCK CT, ROCKFORD, IL, 61103

- **Plan Type:** 401(k)

- **Total Participants:** 153

- **Total Assets:** $25.8M

## 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|153|$25.8M|$325,581|$1.1M|

| 2023|153|$23.7M|$311,150|$1.1M|

| 2022|150|$21.5M|$153,414|$896,295|

## 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|

| BANK OF AMERICA NA|ADVISOR|$42,924|—|$42,924|

| TRANSAMERICA RETIREMENT SOLUTIONS|RECORDKEEPER|$14,693|—|$14,693|

| DUFEK & COMPANY, LLC|AUDITOR|$13,000|—|$13,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BANK OF AMERICA NA](https://planprovider.pro/provider/dufek-and-company-llc) — ADVISOR

- [TRANSAMERICA RETIREMENT SOLUTIONS](https://planprovider.pro/provider/transamerica) — RECORDKEEPER

- [DUFEK & COMPANY, LLC](https://planprovider.pro/provider/dufek-and-company-llc) — AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $70,617

- **Estimated Expense Ratio:** 0.273% 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|$71,416|$43,277|—|$13,000|—|

| 2023|$52,534|$5,375|—|$4,000|—|

| 2022|$57,078|—|—|—|$57,078|

## Similar Plans

- [Nimlok Company](https://planprovider.pro/companies/nimlok-company-401k-plan) — 414 participants

- [Cozzini Bros., INC.](https://planprovider.pro/companies/cozzini-bros-inc-401k-plan) — 780 participants

- [Rukel Management, LLC](https://planprovider.pro/companies/rukel-management-llc-401k-plan) — 1,144 participants

- [Hydro-Gear Limited Partnership](https://planprovider.pro/companies/hydro-gear-limited-partnership-plan-001) — 1,175 participants

- [Grundfos Pumps Corporation](https://planprovider.pro/companies/grundfos-pumps-corporation-401k-plan) — 1,290 participants

- [Kone INC.](https://planprovider.pro/companies/kone-inc-plan-001) — 1,769 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/martin-automatic-inc-401k-plan)

© 2026 PlanProvider.Pro