Plan Snapshot
- Plan Sponsor: Mid-Continent Instrument Co., INC.
- Sponsor EIN: 751659238
- Sponsor Address: 9400 E 34TH STREET NORTH, WICHITA, KS, 67226
- Plan Type: 401(k)
- Total Participants: 204
- Total Assets: $23.6M
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 | 204 | $23.6M | $617,857 | $1.5M |
| 2023 | 208 | $19.6M | $539,343 | $1.3M |
| 2022 | 189 | $16.5M | $501,536 | $1.2M |
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 |
|---|---|---|---|---|
| ALLEN, GIBBS, & HOULIK, L.C | Auditor | — | — | $0 |
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 | $101,793 | $55,350 | $10,250 | — | — |
| 2023 | $83,239 | $45,787 | $8,479 | — | — |
| 2022 | $38,357 | — | $38,357 | — | — |