Plan Snapshot
- Plan Sponsor: Big M Transportation, INC.
- Sponsor EIN: 640918227
- Sponsor Address: 6341 B HWY 15, BLUE MOUNTAIN, MS, 38610
- Plan Type: 401(k)
- Total Participants: 302
- Total Assets: $4.0M
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. |
|---|---|---|---|---|
| 2024 | 302 | $4.0M | $172,000 | $1.2M |
| 2023 | 412 | $3.2M | $197,927 | $1.2M |
| 2022 | 413 | $2.0M | $162,998 | $983,585 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $74,719 | — | $74,719 |
| KESTRA ADVISORY SERVICES, LLC | Recordkeeper | $8,433 | — | $8,433 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
- KESTRA ADVISORY SERVICES, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,152
- Estimated Expense Ratio: 2.055% 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 | $57,979 | — | $49,546 | $8,433 | — |
| 2023 | $53,154 | $5,785 | $47,369 | — | — |
| 2022 | $44,890 | — | $44,890 | — | — |