Plan Snapshot
- Plan Sponsor: 1888 Mills, LLC
- Sponsor EIN: 331025118
- Sponsor Address: 375 AIRPORT ROAD, GRIFFIN, GA, 30224
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 244
- Total Assets: $11.9M
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. |
|---|---|---|---|---|
| 2023 | 244 | $11.9M | $309,551 | $541,251 |
| 2022 | 247 | $10.3M | $311,165 | $591,910 |
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 |
|---|---|---|---|---|
| MESIROW FINANCIAL INVESTMENT | Investment Advisor | $16,087 | — | $16,087 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,087
- Estimated Expense Ratio: 0.135% 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 |
|---|---|---|---|---|---|
| 2023 | $19,949 | $16,087 | — | $3,412 | — |
| 2022 | $28,589 | — | $28,589 | — | — |