Plan Snapshot
- Plan Sponsor: Michoacana Marketing Services, LLC
- Sponsor EIN: 208879523
- Sponsor Address: 8830 LONG POINT RD. STE. 600, HOUSTON, TX, 77055
- Plan Type: 401(k)
- Total Participants: 2,026
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,026 | $5.7M | $107,159 | $272,969 |
| 2023 | 1,540 | $5.0M | $68,894 | $174,869 |
| 2022 | 1,635 | $4.4M | $64,891 | $162,407 |
| 2020 | 2,335 | $4.3M | $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 |
|---|---|---|---|---|
| MERRILL LYNCH - EPS | REGISTERED INVESTMENT AD | $13,401 | — | $13,401 |
| MERRILL LYNCH - FAS | REGISTERED INVESTMENT AD | $13,401 | — | $13,401 |
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,802
- Estimated Expense Ratio: 0.468% 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 | $61,549 | — | $61,549 | — | — |
| 2023 | $49,044 | — | $49,044 | — | — |
| 2022 | $35,592 | $15,745 | $19,847 | — | — |
| 2020 | $14,090 | — | $14,090 | — | — |