Plan Snapshot
- Plan Sponsor: Mcrae'S U.S. Mail Service, INC.
- Sponsor EIN: 391745087
- Sponsor Address: PO BOX 275, RICHFIELD, WI, 53076
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 385
- Total Assets: $5.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 385 | $5.1M | $0 | $0 |
| 2024 | 300 | $4.2M | $1.1M | $198,880 |
| 2023 | 273 | $3.4M | $1.1M | $181,180 |
| 2022 | 238 | $3.0M | $1.1M | $194,546 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $30,853 | — | $30,853 |
| ASSUREDPARTNERS CAPITAL INC. | Investment Advisor | $21,557 | — | $21,557 |
| PREMIER RETIREMENT PARTNERS | Other Service Provider | $13,986 | — | $13,986 |
| ALLIANCE BENEFIT GROUP WISCONSIN LL | Other Service Provider | $7,387 | — | $7,387 |
| BAS PARTNERS | Auditor | $6,900 | — | $6,900 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,683
- Estimated Expense Ratio: 1.573% 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 |
|---|---|---|---|---|---|
| 2025 | $1,118,570 | $26,059 | $21,373 | $6,900 | — |
| 2024 | $65,514 | $21,826 | $18,012 | — | — |
| 2023 | $61,169 | $18,031 | $17,332 | $3,100 | — |
| 2022 | $42,821 | — | — | — | $42,821 |