Plan Snapshot
- Plan Sponsor: Mazak Corporation
- Sponsor EIN: 112161864
- Sponsor Address: 8025 PRODUCTION DRIVE, FLORENCE, KY, 41042
- Plan Type: 401(k)
- Total Participants: 867
- Total Assets: $180.6M
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 | 867 | $180.6M | $3.3M | $7.6M |
| 2023 | 835 | $170.0M | $3.2M | $7.1M |
| 2022 | 797 | $150.0M | $2.9M | $6.6M |
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 |
|---|---|---|---|---|
| FLAGEL, HUBER, FLAGEL & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FLAGEL, HUBER, FLAGEL & CO. — 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 | $304,719 | $204,381 | — | — | — |
| 2023 | $275,208 | $183,409 | — | — | — |
| 2022 | $299,999 | — | — | — | — |