Plan Snapshot
- Plan Sponsor: Mc Painting
- Sponsor EIN: 330890700
- Sponsor Address: 504 JONES ROAD, OCEANSIDE, CA, 92058
- Plan Type: 401(k)
- Total Participants: 271
- Total Assets: $7.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 271 | $7.7M | $520,352 | $312,360 |
| 2023 | 219 | $6.3M | $426,729 | $238,063 |
| 2022 | 203 | $5.5M | $729,864 | $169,911 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC-RPCP | INVESTMENT ADVISOR | $16,909 | — | $16,909 |
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,909
- Estimated Expense Ratio: 0.221% 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 | $37,326 | $16,909 | $20,417 | — | — |
| 2023 | $54,063 | $4,643 | $49,420 | — | — |
| 2022 | $60,809 | — | $60,809 | — | — |