Plan Snapshot
- Plan Sponsor: Mfa Incorporated
- Sponsor EIN: 430415080
- Sponsor Address: 201 RAY YOUNG DRIVE, COLUMBIA, MO, 65201
- Plan Type: 401(k)
- Total Participants: 1,889
- Total Assets: $154.5M
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 | 1,889 | $154.5M | $1.3M | $7.1M |
| 2023 | 1,774 | $139.0M | $2.1M | $7.2M |
| 2022 | 1,730 | $120.2M | $2.0M | $6.8M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SVCS | RETAINED BY PLAN SPONSOR | $235,483 | — | $235,483 |
| ARMANINO, LLP | RETAINED BY EMPLOYER | $18,900 | — | $18,900 |
| BAKER TILLY US, LLP | Auditor | $18,900 | — | $18,900 |
| PENSION CONSULTANTS | RETAINED BY PLAN SPONSOR | $12,515 | — | $12,515 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SVCS — RETAINED BY PLAN SPONSOR
- BAKER TILLY US, LLP — Auditor
- PENSION CONSULTANTS — RETAINED BY PLAN SPONSOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $285,798
- Estimated Expense Ratio: 0.185% 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 | $266,898 | $12,515 | $235,483 | $18,900 | — |
| 2023 | $216,064 | $13,500 | $184,634 | $17,535 | — |
| 2022 | $214,292 | $22,398 | $176,694 | — | $15,200 |