Plan Snapshot
- Plan Sponsor: Mid-West Presort Mailing Services, INC.
- Sponsor EIN: 341484792
- Sponsor Address: 2222 W 110TH ST, CLEVELAND, OH, 44102
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $4.8M
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 | 167 | $4.8M | $33,896 | $213,029 |
| 2023 | 181 | $4.1M | $27,785 | $166,828 |
| 2022 | 175 | $3.4M | $26,432 | $162,487 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $16,470 | — | $16,470 |
| J SCHAEFER & COMPANY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J SCHAEFER & COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,470
- Estimated Expense Ratio: 0.345% 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 | $16,471 | — | $16,471 | — | — |
| 2023 | $16,038 | — | $16,038 | — | — |
| 2022 | $17,733 | — | $17,733 | — | — |