Plan Snapshot
- Plan Sponsor: Mastery Logistics Systems, INC.
- Sponsor EIN: 831185597
- Sponsor Address: 272 E. DEERPATH RD., LAKE FOREST, IL, 60045
- Plan Type: 401(k)
- Total Participants: 490
- Total Assets: $36.5M
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 | 490 | $36.5M | $2.5M | $5.6M |
| 2023 | 534 | $24.5M | $2.5M | $5.4M |
| 2022 | 547 | $12.8M | $2.0M | $4.2M |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES | INVESTMENT ADVISOR | $117,616 | — | $117,616 |
| TRANSAMERICA FINANCIAL LIFE INS CO | RECORD KEEPER | $68,330 | — | $68,330 |
| HALLOWELL 401(K) ASSURANCE, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES — INVESTMENT ADVISOR
- TRANSAMERICA FINANCIAL LIFE INS CO — RECORD KEEPER
- HALLOWELL 401(K) ASSURANCE, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $185,946
- Estimated Expense Ratio: 0.510% 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 | $303,222 | $117,616 | — | — | — |
| 2023 | $114,558 | $67,755 | — | — | — |
| 2022 | $53,852 | $26,429 | — | — | — |