Plan Snapshot
- Plan Sponsor: Mns Engineers, INC.
- Sponsor EIN: 952080889
- Sponsor Address: 201 N CALLE CESAR CHAVEZ SUITE 300, SANTA BARBARA, CA, 93103
- Plan Type: 401(k)
- Total Participants: 210
- Total Assets: $30.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 210 | $30.0M | $975,688 | $2.5M |
| 2023 | 173 | $27.1M | $877,804 | $2.1M |
| 2022 | 179 | $23.5M | $865,336 | $1.8M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | INVESTMENT ADVISOR | $67,452 | — | $67,452 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $45,891 | — | $45,891 |
| BARTLETT, PRINGLE & WOLF LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,343
- Estimated Expense Ratio: 0.377% 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 | $113,343 | $67,452 | — | — | — |
| 2023 | $198,429 | $65,488 | $13,998 | — | — |
| 2022 | $188,003 | — | — | — | $188,003 |