Plan Snapshot
- Plan Sponsor: Manufacturing Solutions INC
- Sponsor EIN: 043343116
- Sponsor Address: 153 STAFFORD AVE, MORRISVILLE, VT, 056618515
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $5.1M
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 | 160 | $5.1M | $219,358 | $443,241 |
| 2023 | 174 | $4.2M | $192,805 | $338,557 |
| 2022 | 204 | $3.2M | $172,083 | $292,673 |
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 | $44,520 | — | $44,520 |
| MORGAN STANLEY INSURANCE SERVICES I | Recordkeeper | — | $9,614 | $9,614 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY INSURANCE SERVICES I — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,134
- Estimated Expense Ratio: 1.066% 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 | $44,521 | — | $44,521 | — | — |
| 2023 | $34,789 | — | $34,789 | — | — |
| 2022 | $30,918 | — | $30,918 | — | — |