Plan Snapshot
- Plan Sponsor: Miracorp INC.
- Sponsor EIN: 541944750
- Sponsor Address: 8413 E BASELINE ROAD, MESA, AZ, 85209
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $6.1M
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 | 171 | $6.1M | $504,089 | $932,432 |
| 2023 | 239 | $5.5M | $629,261 | $953,628 |
| 2022 | 246 | $4.0M | $390,207 | $682,218 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $76,880 | $5 | $76,885 |
| WORLD INVESTMENT ADVISORS, LLC | Other Service Provider | — | $42,139 | $42,139 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,024
- Estimated Expense Ratio: 1.949% 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 | $76,880 | — | $75,680 | — | — |
| 2023 | $61,330 | — | $60,630 | — | — |
| 2022 | $55,687 | — | — | — | — |