Plan Snapshot
- Plan Sponsor: Mel Stevenson And Associates, INC.
- Sponsor EIN: 431369879
- Sponsor Address: 2840 ROE LANE, KANSAS CITY, KS, 66103
- Plan Type: 401(k)
- Total Participants: 431
- Total Assets: $47.6M
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 | 431 | $47.6M | $1.2M | $2.0M |
| 2023 | 393 | $41.5M | $1.2M | $1.9M |
| 2022 | 363 | $34.4M | $1.2M | $1.6M |
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 |
|---|---|---|---|---|
| CETERA ADVISOR NETWORKS LLC | Investment Advisor | $43,570 | — | $43,570 |
| ERP NATIONAL LLC DBA ERP RETIREMENT | Recordkeeper | $24,396 | — | $24,396 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $18,977 | — | $18,977 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,943
- Estimated Expense Ratio: 0.183% 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 | $89,827 | $46,454 | $24,396 | — | — |
| 2023 | $88,171 | $36,250 | $22,789 | $15,600 | — |
| 2022 | $90,810 | $36,185 | $39,325 | — | $15,300 |