Plan Snapshot
- Plan Sponsor: Modec International, INC.
- Sponsor EIN: 760592988
- Sponsor Address: 15375 MEMORIAL DRIVE, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 280
- Total Assets: $128.9M
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 | 280 | $128.9M | $3.8M | $4.8M |
| 2023 | 297 | $115.8M | $3.6M | $4.6M |
| 2022 | 305 | $96.3M | $3.5M | $4.8M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $298,885 | — | $6,825 | — | — |
| 2023 | $262,683 | — | $5,400 | — | — |
| 2022 | $266,808 | — | $266,808 | — | — |