Plan Snapshot
- Plan Sponsor: Mayekawa Usa, INC.
- Sponsor EIN: 202507782
- Sponsor Address: 29875 MEDLINE LN., KATY, TX, 77494
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $15.3M
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 | 161 | $15.3M | $314,581 | $1.1M |
| 2023 | 147 | $13.6M | $364,436 | $920,601 |
| 2022 | 125 | $11.9M | $344,449 | $820,554 |
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 |
|---|---|---|---|---|
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $53,652 | — | $53,652 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | CONTRACT ADMIN | $13,128 | — | $13,128 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,780
- Estimated Expense Ratio: 0.437% 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 | $66,780 | $53,652 | $13,128 | — | — |
| 2023 | $85,849 | — | $85,849 | — | — |
| 2022 | $83,775 | $83,775 | — | — | — |