Plan Snapshot
- Plan Sponsor: M3 Insurance Solutions, INC.
- Sponsor EIN: 391141360
- Sponsor Address: 828 JOHN NOLEN DRIVE,, MADISON, WI, 53713
- Plan Type: 401(k)
- Total Participants: 468
- Total Assets: $116.7M
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 | 468 | $116.7M | $4.3M | $4.8M |
| 2023 | 424 | $98.0M | $3.6M | $4.4M |
| 2022 | 388 | $85.0M | $3.4M | $3.8M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $49,708 | $129 | $49,837 |
| BAKER TILLY US, LLP | AUDITOR | $14,275 | — | $14,275 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,112
- Estimated Expense Ratio: 0.055% 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 | $63,979 | — | $63,329 | — | — |
| 2023 | $54,557 | — | $54,057 | — | — |
| 2022 | $69,709 | — | — | — | — |