Plan Snapshot
- Plan Sponsor: Mgpi Processing, INC.
- Sponsor EIN: 480531200
- Sponsor Address: 100 COMMERCIAL STREET, ATCHISON, KS, 66002
- Plan Type: 401(k)
- Total Participants: 396
- Total Assets: $58.4M
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 | 396 | $58.4M | $2.2M | $3.3M |
| 2023 | 390 | $51.7M | $2.0M | $3.1M |
| 2022 | 375 | $43.3M | $1.8M | $2.8M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $47,410 | $30,723 | — | — | — |
| 2023 | $94,010 | $63,582 | — | — | — |
| 2022 | $111,972 | — | — | — | — |