Plan Snapshot
- Plan Sponsor: Mkec Engineering, INC.
- Sponsor EIN: 480940551
- Sponsor Address: 411 NORTH WEBB ROAD, WICHITA, KS, 67206
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $71.2M
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 | 217 | $71.2M | $2.3M | $2.0M |
| 2023 | 191 | $62.7M | $2.1M | $1.8M |
| 2022 | 184 | $51.1M | $1.8M | $1.6M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $8,428 | — | $8,428 |
| KOCH, SIEDHOFF HAND & DUNN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- KOCH, SIEDHOFF HAND & DUNN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,428
- Estimated Expense Ratio: 0.012% 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 | $7,671 | $8,428 | $300 | — | — |
| 2023 | $9,452 | $4,982 | — | — | — |
| 2022 | -$817 | $1,967 | — | — | — |