Plan Snapshot
- Plan Sponsor: Mcneely Plastic Products, INC.
- Sponsor EIN: 640756080
- Sponsor Address: 1111 INDUSTRIAL PARK DRIVE, CLINTON, MS, 390563227
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $9.5M
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 | 196 | $9.5M | $384,467 | $667,513 |
| 2023 | 184 | $8.2M | $370,962 | $629,441 |
| 2022 | 169 | $6.5M | $340,663 | $558,818 |
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 |
|---|---|---|---|---|
| BALLEW ADVISORS | ADVISOR | $57,233 | — | $57,233 |
| BMSS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BMSS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,233
- Estimated Expense Ratio: 0.600% 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 | $62,008 | $57,233 | — | — | — |
| 2023 | $48,656 | $45,320 | — | — | — |
| 2022 | $47,191 | $43,950 | $3,241 | — | — |