Plan Snapshot
- Plan Sponsor: Myco Mechanical, INC.
- Sponsor EIN: 232853248
- Sponsor Address: 1 NORTH WASHINGTON STREET, TELFORD, PA, 18969
- Plan Type: 401(k)
- Total Participants: 202
- Total Assets: $40.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 202 | $40.8M | $4.2M | $477,849 |
| 2023 | 214 | $32.5M | $3.7M | $433,151 |
| 2022 | 158 | $24.8M | $2.8M | $394,509 |
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 |
|---|---|---|---|---|
| MARCUM LLP | Auditor | — | — | $0 |
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 | $26,004 | — | $26,004 | — | — |
| 2023 | $20,739 | — | $20,739 | — | — |
| 2022 | $17,974 | — | $17,974 | — | — |