Plan Snapshot
- Plan Sponsor: Micrometals
- Sponsor EIN: 952505280
- Sponsor Address: 5615 EAST LA PALMA AVENUE, ANAHEIM, CA, 92807
- Plan Type: 401(k)
- Total Participants: 126
- Total Assets: $16.8M
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 | 126 | $16.8M | $141,800 | $388,393 |
| 2023 | 112 | $17.5M | $185,919 | $479,601 |
| 2022 | 130 | $15.3M | $231,840 | $503,879 |
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 |
|---|---|---|---|---|
| LYNN JANZEN | Auditor | $10,500 | — | $10,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,500
- Estimated Expense Ratio: 0.063% 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 | $8,694 | $2,572 | — | $10,500 | — |
| 2023 | -$2,246 | $2,742 | — | — | — |
| 2022 | $14,408 | $3,077 | — | — | — |