Plan Snapshot
- Plan Sponsor: Millennium Vision, INC.
- Sponsor EIN: 860844046
- Sponsor Address: 18325 N. ALLIED WAY, #100, PHOENIX, AZ, 85054
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $9.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 152 | $9.7M | $301,472 | $727,392 |
| 2023 | 139 | $8.4M | $304,778 | $718,145 |
| 2022 | 136 | $6.2M | $246,574 | $647,401 |
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 |
|---|---|---|---|---|
| BALDWIN MOFFITT BEHM LLP | Auditor | — | — | $0 |
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 | $68,566 | $30,687 | $6,434 | — | — |
| 2023 | $51,200 | $23,991 | $2,815 | — | — |
| 2022 | $43,442 | $19,794 | $2,141 | — | $21,507 |