Plan Snapshot
- Plan Sponsor: Mattco Forge, INC.
- Sponsor EIN: 952667373
- Sponsor Address: 16443 MINNESOTA AVE, PARAMOUNT, CA, 90723
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $11.0M
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 | 127 | $11.0M | $341,039 | $827,791 |
| 2023 | 126 | $9.0M | $284,773 | $716,693 |
| 2022 | 80 | $6.6M | $266,929 | $679,012 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | INVESTMENT ADVISOR | $28,711 | — | $28,711 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $19,254 | — | $19,254 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,634 | — | $5,634 |
| JGD AND ASSOCIATES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- JGD AND ASSOCIATES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,599
- Estimated Expense Ratio: 0.487% 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 | $50,248 | $30,994 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $48,299 | $28,296 | $20,003 | — | — |