Plan Snapshot
- Plan Sponsor: Mid-South Transportation Management, INC.
- Sponsor EIN: 621164500
- Sponsor Address: 1370 LEVEE ROAD, MEMPHIS, TN, 38108
- Plan Type: 401(k)
- Total Participants: 356
- Total Assets: $17.7M
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. |
|---|---|---|---|---|
| 2024 | 356 | $17.7M | $1.7M | $1.8M |
| 2023 | 441 | $16.2M | $1.7M | $1.9M |
| 2022 | 413 | $12.9M | $1.4M | $1.7M |
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 |
|---|---|---|---|---|
| BANKS, FINLEY, WHITE & CO. | Auditor | $12,300 | — | $12,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,300
- Estimated Expense Ratio: 0.070% 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 | $604,437 | $79,148 | $128,886 | $12,300 | — |
| 2023 | $185,419 | $62,105 | $101,012 | $18,995 | — |
| 2022 | $155,912 | $52,317 | $88,182 | — | $15,413 |