Plan Snapshot
- Plan Sponsor: Farmers Grain Terminal INC
- Sponsor EIN: 237033852
- Sponsor Address: P O BOX 1796, GREENVILLE, MS, 38702
- Plan Type: 401(k)
- Total Participants: 148
- Total Assets: $14.5M
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 | 148 | $14.5M | $391,535 | $465,574 |
| 2023 | 117 | $15.0M | $355,754 | $433,102 |
| 2022 | 109 | $12.7M | $371,520 | $474,693 |
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 |
|---|---|---|---|---|
| MILLIMAN, INC. | NONE | $46,093 | — | $46,093 |
| AGRI-INVEST, LLC | NONE | $11,075 | — | $11,075 |
| HCJ CPAS & ADVISORS, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — NONE
- HCJ CPAS & ADVISORS, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,168
- Estimated Expense Ratio: 0.395% 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 | $65,163 | — | — | — | — |
| 2023 | $51,517 | — | $47,644 | — | — |
| 2022 | $49,684 | — | — | — | $46,316 |