Plan Snapshot
- Plan Sponsor: Milestone Electric, INC.
- Sponsor EIN: 202597496
- Sponsor Address: 2360 CRIST ROAD, GARLAND, TX, 75040
- Plan Type: 401(k)
- Total Participants: 532
- Total Assets: $9.6M
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 | 532 | $9.6M | $488,151 | $1.7M |
| 2023 | 643 | $7.5M | $622,740 | $1.4M |
| 2022 | 469 | $5.0M | $429,839 | $1.2M |
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 | RECORDKEEPER | $79,914 | — | $79,914 |
| SAVILLE CPAS & ADVISORS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- SAVILLE CPAS & ADVISORS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,914
- Estimated Expense Ratio: 0.829% 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 | $79,914 | — | $79,914 | — | — |
| 2023 | $70,798 | — | $70,798 | — | — |
| 2022 | $87,378 | $11,019 | $76,359 | — | — |