Plan Snapshot
- Plan Sponsor: Midsouth Satellite LLC Dba Entersource
- Sponsor EIN: 205635200
- Sponsor Address: 2418 RIDEOUT LANE, MURFREESBORO, TN, 37128
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 228
- Total Assets: $2.9M
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. |
|---|---|---|---|---|
| 2025 | 228 | $2.9M | $0 | $0 |
| 2024 | 156 | $1.9M | $205,485 | $480,917 |
| 2023 | 169 | $1.3M | $179,858 | $359,015 |
| 2022 | 115 | $870,318 | $126,440 | $303,261 |
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 |
|---|---|---|---|---|
| PENSION INC. | Recordkeeper | $30,798 | — | $30,798 |
| NICOLET NATIONAL BANK | Investment Advisor | $10,967 | — | $10,967 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,765
- Estimated Expense Ratio: 1.428% 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 |
|---|---|---|---|---|---|
| 2025 | $263,021 | $10,967 | $20,259 | — | — |
| 2024 | $41,334 | $7,717 | $33,582 | — | — |
| 2023 | $38,337 | $3,604 | $32,794 | — | — |
| 2022 | $15,121 | — | — | — | $15,121 |