Plan Snapshot
- Plan Sponsor: Majors Plastics, INC.
- Sponsor EIN: 470398519
- Sponsor Address: 10117 I STREET, OMAHA, NE, 68127
- Plan Type: 401(k)
- Total Participants: 319
- Total Assets: $8.1M
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 | 319 | $8.1M | $244,390 | $449,398 |
| 2023 | 368 | $7.3M | $229,397 | $436,577 |
| 2022 | 383 | $6.9M | $243,349 | $453,590 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO | Recordkeeper | $41,109 | — | $41,109 |
| USI ADVISORS INC | Investment Advisor | $23,300 | — | $23,300 |
| ASCENSUS HOLDINGS INC | Recordkeeper | $3,555 | $3,769 | $7,324 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS HOLDINGS INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,733
- Estimated Expense Ratio: 0.888% 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 | $31,949 | — | $31,949 | — | — |
| 2023 | $113 | — | $113 | — | — |
| 2022 | $1,060 | — | $1,060 | — | — |