Plan Snapshot
- Plan Sponsor: Miratech Group, LLC
- Sponsor EIN: 465452602
- Sponsor Address: 420 S 145TH E AVE, TULSA, OK, 74108
- Plan Type: 401(k)
- Total Participants: 494
- Total Assets: $21.4M
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 | 494 | $21.4M | $1.3M | $1.7M |
| 2023 | 172 | $14.2M | $658,090 | $895,568 |
| 2022 | 149 | $10.9M | $505,731 | $745,843 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $70,074 | — | $70,074 |
| SAGEVIEW ADVISORY GROUP LLC | Investment Advisor | $33,750 | — | $33,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- SAGEVIEW ADVISORY GROUP LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,824
- Estimated Expense Ratio: 0.486% 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 | $103,824 | $33,750 | — | — | — |
| 2023 | $43,120 | $20,780 | — | — | — |
| 2022 | $41,052 | — | — | — | — |