Plan Snapshot
- Plan Sponsor: Mass Precision, INC.
- Sponsor EIN: 770034627
- Sponsor Address: 2110 OAKLAND ROAD, SAN JOSE, CA, 95131
- Plan Type: 401(k)
- Total Participants: 358
- Total Assets: $23.2M
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 | 358 | $23.2M | $95,622 | $1.6M |
| 2023 | 359 | $20.4M | $82,645 | $1.4M |
| 2022 | 436 | $17.6M | $68,924 | $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 |
|---|---|---|---|---|
| PRIMARK BENEFIT | 3RD PARTY ADMIN | $64,564 | — | $64,564 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT MGMT | $60,627 | — | $60,627 |
| CHARLES SCHWAB | N/A | $10,483 | — | $10,483 |
| SENSIBA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB — N/A
- SENSIBA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $135,674
- Estimated Expense Ratio: 0.584% 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 | $135,876 | $60,627 | $64,376 | — | — |
| 2023 | $33,617 | $33,617 | — | — | — |
| 2022 | $18,456 | $18,456 | — | — | — |