Plan Snapshot
- Plan Sponsor: Milner, INC.
- Sponsor EIN: 581681590
- Sponsor Address: 5125 PEACHTREE INDUSTRIAL BLVD, PEACHTREE CORNERS, GA, 30092
- Plan Type: 401(k)
- Total Participants: 322
- Total Assets: $37.2M
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 | 322 | $37.2M | $362,525 | $2.0M |
| 2023 | 316 | $33.6M | $365,062 | $1.9M |
| 2022 | 357 | $30.3M | $386,598 | $1.9M |
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 |
|---|---|---|---|---|
| BROOKS COOK & ASSOCIATES | Auditor | $50,000 | — | $50,000 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $49,979 | — | $49,979 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $33,587 | — | $33,587 |
| PRECISION PLAN ADMINISTRATION | Other Service Provider | $11,815 | — | $11,815 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,381
- Estimated Expense Ratio: 0.391% 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 | $142,530 | — | $142,530 | — | — |
| 2023 | $82,672 | — | $82,672 | — | — |
| 2022 | $133,528 | — | $133,528 | — | — |