Plan Snapshot
- Plan Sponsor: Managed Business Services, INC.
- Sponsor EIN: 880334350
- Sponsor Address: 4045 SPENCER ST., LAS VEGAS, NV, 89119
- Plan Type: 401(k)
- Total Participants: 507
- Total Assets: $13.4M
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 | 507 | $13.4M | $458,139 | $1.3M |
| 2023 | 419 | $12.6M | $359,718 | $1.1M |
| 2022 | 387 | $9.9M | $362,025 | $1.1M |
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 |
|---|---|---|---|---|
| BD AND ASSOCIATES CPAS, PLLC | Auditor | $8,500 | — | $8,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,500
- Estimated Expense Ratio: 0.063% 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 | $111,035 | $52,311 | — | $8,500 | — |
| 2023 | $94,868 | $44,924 | — | $8,500 | — |
| 2022 | $95,094 | $36,175 | — | — | $22,895 |