Plan Snapshot
- Plan Sponsor: Mitac Computing Technology Usa Corporation
- Sponsor EIN: 680193975
- Sponsor Address: 39660 EUREKA DR., NEWARK, CA, 94560
- Plan Type: 401(k)
- Total Participants: 193
- Total Assets: $60.3M
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 | 193 | $60.3M | $406,572 | $2.1M |
| 2023 | 191 | $56.5M | $376,442 | $2.0M |
| 2022 | 206 | $48.6M | $365,371 | $1.9M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | INVESTMENT ADVISOR | $85,511 | — | $85,511 |
| THE PUN GROUP, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE PUN GROUP, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,511
- Estimated Expense Ratio: 0.142% 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 | $87,531 | $85,511 | — | — | — |
| 2023 | $77,328 | $75,826 | $1,193 | — | — |
| 2022 | $82,544 | $80,252 | $2,142 | — | — |