Plan Snapshot
- Plan Sponsor: Mekra Lang North America, LLC
- Sponsor EIN: 582442603
- Sponsor Address: 101 TILLESSEN BOULEVARD, RIDGEWAY, SC, 29130
- Plan Type: 401(k)
- Total Participants: 195
- Total Assets: $6.3M
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 | 195 | $6.3M | $212,971 | $401,748 |
| 2023 | 196 | $6.0M | $273,076 | $403,241 |
| 2022 | 189 | $4.8M | $246,030 | $364,400 |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE CO. | RECORDKEEPER | $17,731 | — | $17,731 |
| EDWARD D JONES & COMPANY | INVESTMENT ADVISORY | $17,232 | — | $17,232 |
| THE HOBBS GROUP, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE CO. — RECORDKEEPER
- THE HOBBS GROUP, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,963
- Estimated Expense Ratio: 0.559% 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 | $36,145 | $18,414 | — | — | — |
| 2023 | $47,492 | $112 | — | — | — |
| 2022 | $41,089 | $19,880 | $21,209 | — | — |