Plan Snapshot
- Plan Sponsor: Mainline Information Systems LLC
- Sponsor EIN: 592960721
- Sponsor Address: 1700 SUMMIT LAKE DR, SUITE 201, TALLAHASSEE, FL, 323177942
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 480
- Total Assets: $114.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 480 | $114.0M | $0 | $0 |
| 2024 | 449 | $123.7M | $1.9M | $5.7M |
| 2023 | 375 | $109.4M | $1.7M | $5.2M |
| 2022 | 349 | $93.4M | $1.5M | $4.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $148,900 | — | $148,900 |
| SAGEVIEW ADVISORY GROUP | Investment Advisor | — | $49,891 | $49,891 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $198,791
- Estimated Expense Ratio: 0.174% 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 |
|---|---|---|---|---|---|
| 2025 | $36,949,820 | — | $149,326 | — | — |
| 2024 | $135,065 | — | $135,065 | — | — |
| 2023 | $114,972 | — | $114,972 | — | — |
| 2022 | $108,422 | — | $108,422 | — | — |