Plan Snapshot
- Plan Sponsor: Mercury Plastics, INC.
- Sponsor EIN: 954121342
- Sponsor Address: 14825 SALT LAKE AVE., CITY OF INDUSTRY, CA, 917463131
- Plan Type: 401(k)
- Total Participants: 351
- Total Assets: $8.0M
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 | 351 | $8.0M | $91,336 | $532,506 |
| 2023 | 344 | $7.4M | $77,063 | $471,233 |
| 2022 | 352 | $6.8M | $75,431 | $457,929 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $55,658 | — | $55,658 |
| MERRILL LYNCH | CONSULTANT | — | $28,917 | $28,917 |
| CHRISTIAN OLIVA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,575
- Estimated Expense Ratio: 1.055% 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 | $55,659 | — | $55,659 | — | — |
| 2023 | $56,021 | — | $56,021 | — | — |
| 2022 | $54,040 | — | $54,040 | — | — |