# Mkec Engineering, INC. 401(k) Plan
Source: https://planprovider.pro/companies/mkec-engineering-inc-401k-plan

> Mkec Engineering, INC.'s 401(k) plan: 217 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [KOCH, SIEDHOFF HAND & DUNN](https://planprovider.pro/provider/koch-siedhoff-hand-and-dunn-llp) — 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|—|—|—|

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