Plan Snapshot
- Plan Sponsor: Microtec INC.
- Sponsor EIN: 930625831
- Sponsor Address: 155 SW MADISON AVENUE, CORVALLIS, OR, 97333
- Plan Type: 401(k)
- Total Participants: 66
- Total Assets: $8.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 66 | $8.8M | $227,710 | $534,370 |
| 2023 | 84 | $7.9M | $264,284 | $579,264 |
| 2022 | 134 | $7.8M | $288,175 | $605,988 |
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 |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $17,367 | $12,567 | $4,800 | — | — |
| 2023 | $9,373 | $7,173 | $2,200 | — | — |
| 2022 | — | — | — | — | — |