Plan Snapshot
- Plan Sponsor: Management & Training Corporation
- Sponsor EIN: 870365322
- Sponsor Address: 500 NORTH MARKETPLACE DRIVE, CENTERVILLE, UT, 84014
- Plan Type: 401(k)
- Total Participants: 7,036
- Total Assets: $198.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 7,036 | $198.1M | $7.1M | $15.8M |
| 2023 | 3,917 | $177.9M | $5.2M | $11.5M |
| 2022 | 5,366 | $162.9M | $4.7M | $11.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $356,330 | — | $356,330 |
| TOWERS WATSON INVESTMENT SERVICES | INVESTMENT ADVISOR | $213,561 | — | $213,561 |
| TRAVELLER & COMPANY LLC | ACCOUNTANT/AUDITOR | $7,995 | — | $7,995 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- TRAVELLER & COMPANY LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $577,886
- Estimated Expense Ratio: 0.292% 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 | $580,817 | — | — | $7,995 | — |
| 2023 | $538,344 | $193,395 | $600 | $8,560 | — |
| 2022 | $597,136 | — | — | — | — |