Plan Snapshot
- Plan Sponsor: Board Of Trustee M.S.S.A.-I.L.A. Pension Plan
- Sponsor EIN: 630785888
- Sponsor Address: PO BOX 2332, MOBILE, AL, 366522332
- Plan Type: DB
- Total Participants: 266
- Total Assets: $59.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 266 | $59.1M | $0 | $0 |
| 2023 | 320 | $49.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| THE KBA GROUP, PC | Auditor | $7,500 | — | $7,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,500
- Estimated Expense Ratio: 0.013% 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 | $438,008 | $173,689 | $71,714 | $7,500 | — |
| 2023 | $450,466 | $159,396 | $80,139 | — | $82,649 |