Plan Snapshot
- Plan Sponsor: Mizar Holding Company, INC.
- Sponsor EIN: 362673972
- Sponsor Address: 3702 PRAIRIE LAKE CT, AURORA, IL, 605043135
- Plan Type: 401(k)
- Total Participants: 313
- Total Assets: $32.9M
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 | 313 | $32.9M | $1.2M | $2.3M |
| 2023 | 321 | $29.2M | $1.2M | $2.2M |
| 2022 | 316 | $25.7M | $1.1M | $2.1M |
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 | $120,338 | — | $120,338 |
| ALERA INVESTMENT ADVISORS, LLC | INVESTMENT ADVISORY | — | $30,000 | $30,000 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERA INVESTMENT ADVISORS, LLC — INVESTMENT ADVISORY
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,338
- Estimated Expense Ratio: 0.458% 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 | $120,338 | — | $120,338 | — | — |
| 2023 | $108,729 | — | $108,729 | — | — |
| 2022 | $97,938 | — | $97,938 | — | — |