Plan Snapshot
- Plan Sponsor: Mycon General Contractors, INC.
- Sponsor EIN: 752191657
- Sponsor Address: 17311 DALLAS PARKWAY, SUITE 300, DALLAS, TX, 75248
- Plan Type: 401(k)
- Total Participants: 236
- Total Assets: $10.4M
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 | 236 | $10.4M | $434,427 | $1.2M |
| 2023 | 246 | $8.7M | $167,822 | $482,381 |
| 2022 | 106 | $4.6M | $152,737 | $431,964 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $11,191 | — | $11,191 |
| MORNINGSTAR INVESTMENT MANAGEMENT | SERVICE PROVIDER | $6,349 | — | $6,349 |
| TURNER, STONE AND CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TURNER, STONE AND CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,540
- Estimated Expense Ratio: 0.169% 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 | $29,093 | $23,918 | $4,125 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |