Plan Snapshot
- Plan Sponsor: Minact Logistical Services, LLC
- Sponsor EIN: 061645510
- Sponsor Address: 5220 KEELE STREET, JACKSON, MS, 39206
- Plan Type: 401(k)
- Total Participants: 241
- Total Assets: $4.8M
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 | 241 | $4.8M | $484,897 | $216,041 |
| 2023 | 262 | $4.1M | $470,838 | $217,251 |
| 2022 | 279 | $3.3M | $458,278 | $247,156 |
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 |
|---|---|---|---|---|
| CARR RIGGS & INGRAM | 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 | $69,506 | $16,504 | $53,002 | — | — |
| 2023 | $65,028 | $17,520 | $47,508 | — | — |
| 2022 | $71,435 | $17,188 | $54,247 | — | — |