Plan Snapshot
- Plan Sponsor: Mastec, INC.
- Sponsor EIN: 650829355
- Sponsor Address: 800 S. DOUGLAS ROAD 12TH FLOOR, CORAL GABLES, FL, 33134
- Plan Type: 401(k)
- Total Participants: 23,943
- Total Assets: $736.0M
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 | 23,943 | $736.0M | $35.4M | $69.2M |
| 2023 | 23,928 | $591.6M | $36.4M | $71.0M |
| 2022 | 23,873 | $457.2M | $30.2M | $59.0M |
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 |
|---|---|---|---|---|
| BDO USA, P.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C — 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 | $1,116,921 | — | — | — | — |
| 2023 | $1,089,097 | — | — | — | — |
| 2022 | $234,011 | — | — | — | — |