Plan Snapshot
- Plan Sponsor: Management Services Network LLC
- Sponsor EIN: 582201202
- Sponsor Address: 2357 WARM SPRINGS RD, SUITE 400, COLUMBUS, GA, 31904
- Plan Type: 401(k)
- Total Participants: 476
- Total Assets: $28.1M
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 | 476 | $28.1M | $889,241 | $1.9M |
| 2023 | 445 | $24.6M | $891,426 | $1.8M |
| 2022 | 458 | $20.0M | $772,182 | $1.5M |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $75,811 | — | $75,811 |
| PROFESSIONAL PENSION SERVICES, INC. | CONTRACT ADMINISTRATOR | $10,507 | — | $10,507 |
| LINCOLN NATIONAL CORPORATION | NONE | $9,682 | — | $9,682 |
| ROBINSON GRIMES & COMPANY, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- LINCOLN NATIONAL CORPORATION — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $96,000
- Estimated Expense Ratio: 0.342% 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 | $96,458 | — | $96,458 | — | — |
| 2023 | $105,907 | $4,325 | $99,552 | — | — |
| 2022 | $98,418 | $52,573 | $45,845 | — | — |