Plan Snapshot
- Plan Sponsor: Mike Thompson Recreational Vehicles
- Sponsor EIN: 952838334
- Sponsor Address: 13940 FIRESTONE BLVD, SANTA FE SPRINGS, CA, 906705808
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $22.8M
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 | 267 | $22.8M | $143,434 | $1.4M |
| 2023 | 288 | $22.2M | $155,387 | $1.4M |
| 2022 | 299 | $20.0M | $243,810 | $1.8M |
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 | $59,492 | — | $59,492 |
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $40,965 | $246 | $41,211 |
| HEDMAN PARTNERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HEDMAN PARTNERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,703
- Estimated Expense Ratio: 0.442% 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 | $100,458 | $19,404 | $59,493 | — | — |
| 2023 | $96,321 | $18,250 | $58,078 | — | — |
| 2022 | $96,711 | $18,562 | $57,525 | — | $20,624 |