Plan Snapshot
- Plan Sponsor: Motorcar Parts Of America, INC.
- Sponsor EIN: 112153962
- Sponsor Address: 2929 CALIFORNIA STREET, TORRANCE, CA, 90503
- Plan Type: 401(k)
- Total Participants: 344
- Total Assets: $35.6M
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 | 344 | $35.6M | $554,963 | $2.1M |
| 2023 | 372 | $29.9M | $120,119 | $1.8M |
| 2022 | 406 | $26.3M | $650,210 | $2.1M |
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 |
|---|---|---|---|---|
| REDWITZ, INC. | Auditor | $14,500 | — | $14,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REDWITZ, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,500
- Estimated Expense Ratio: 0.041% 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 | $142,206 | $88,056 | — | $14,500 | — |
| 2023 | $130,268 | $74,505 | — | $13,750 | — |
| 2022 | $134,934 | $7,228 | — | — | — |