Plan Snapshot
- Plan Sponsor: Associated General Contractors Of Mississippi
- Sponsor EIN: 640324725
- Sponsor Address: 2092 LAKELAND DRIVE, JACKSON, MS, 39236
- Plan Type: 401(k)
- Total Participants: 1,453
- Total Assets: $43.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,453 | $43.0M | $1.9M | $4.1M |
| 2022 | 1,098 | $31.0M | $1.7M | $3.3M |
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 |
|---|---|---|---|---|
| PINNACLE WEALTH LLC | Investment Advisor | $220,538 | — | $220,538 |
| PINNACLE FINANCIAL SERVICES, INC. | Recordkeeper | $95,270 | $262 | $95,532 |
| 3(16) FIDUCIARY SERVICES CORP | Other Service Provider | $72,182 | — | $72,182 |
| TRANSAMERICA FINANCIAL LIFE INS. CO | Recordkeeper | $62,424 | — | $62,424 |
| TEMPLETON & COMPANY, LLP | Auditor | $21,000 | — | $21,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PINNACLE WEALTH LLC — Investment Advisor
- TRANSAMERICA FINANCIAL LIFE INS. CO — Recordkeeper
- TEMPLETON & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $471,676
- Estimated Expense Ratio: 1.097% 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 | $130,347 | $110,269 | $9,578 | $10,500 | — |
| 2022 | $109,479 | — | $75,737 | — | $4,000 |