Plan Snapshot
- Plan Sponsor: Modesto Industrial Electrical Co. INC.
- Sponsor EIN: 941231917
- Sponsor Address: 1417 COLDWELL AVE, MODESTO, CA, 95350
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $8.5M
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 | 203 | $8.5M | $138,938 | $627,130 |
| 2023 | 111 | $7.9M | $160,677 | $642,771 |
| 2022 | 104 | $6.9M | $390,751 | $656,957 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | $16,800 | — | $16,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,800
- Estimated Expense Ratio: 0.197% 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 | $77,770 | $33,656 | — | $16,800 | — |
| 2023 | $70,649 | $32,001 | — | $14,175 | — |
| 2022 | $67,048 | $44,194 | $22,854 | — | — |