Plan Snapshot
- Plan Sponsor: Mech-Tronics Limited Partnership
- Sponsor EIN: 364202627
- Sponsor Address: 1635 NORTH 25TH AVENUE, MELROSE PARK, IL, 60160
- Plan Type: 401(k)
- Total Participants: 79
- Total Assets: $16.7M
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 | 79 | $16.7M | $89,100 | $291,849 |
| 2023 | 83 | $15.3M | $80,487 | $279,495 |
| 2022 | 84 | $14.9M | $81,957 | $261,148 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $29,685 | — | $29,685 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,685
- Estimated Expense Ratio: 0.178% 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 | $3,845 | — | $3,845 | — | — |
| 2023 | $9,332 | — | $9,332 | — | — |
| 2022 | $2,946 | — | $2,946 | — | — |