Plan Snapshot
- Plan Sponsor: Mechanics Bank
- Sponsor EIN: 940672780
- Sponsor Address: 1111 CIVIC DRIVE, SUITE 290, WALNUT CREEK, CA, 945963895
- Plan Type: DB
- Total Participants: 0
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $7.4M | $0 | $0 |
| 2023 | 77 | $59.0M | $0 | $0 |
| 2022 | 81 | $56.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | — | — | $0 |
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 | $924,794 | — | $8,850 | — | — |
| 2023 | $98,343 | — | $2,150 | — | — |
| 2022 | $188,902 | — | $3,725 | — | $40,937 |