Plan Snapshot
- Plan Sponsor: Mechanix Wear, LLC
- Sponsor EIN: 953920385
- Sponsor Address: 27335 TOURNEY ROAD FLOOR 3, VALENCIA, CA, 91355
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 207
- Total Assets: $12.8M
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 | 207 | $12.8M | $274,156 | $994,264 |
| 2023 | 232 | $10.8M | $43,888 | $592,516 |
| 2022 | 111 | $5.5M | $0 | $526,136 |
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 |
|---|---|---|---|---|
| RBC CAPITAL MARKETS CORP | Investment Advisor | $30,109 | — | $30,109 |
| JOHN HANCOCK USA | Recordkeeper | $29,132 | — | $29,132 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC CAPITAL MARKETS CORP — Investment Advisor
- JOHN HANCOCK USA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,241
- Estimated Expense Ratio: 0.462% 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 | $59,241 | $30,123 | $29,118 | — | — |
| 2023 | $29,782 | $13,974 | $15,808 | — | — |
| 2022 | $34,679 | $34,679 | — | — | — |