# Mission Road Ministries 401(k) Plan
Source: https://planprovider.pro/companies/mission-road-ministries-401k-plan

> Mission Road Ministries&#39;s 401(k) plan: 220 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mission Road Ministries

- **Sponsor EIN:** 742958552

- **Sponsor Address:** 8706 MISSION ROAD, SAN ANTONIO, TX, 782143140

- **Plan Type:** 401(k)

- **Total Participants:** 220

- **Total Assets:** $5.3M

## 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|220|$5.3M|$177,000|$310,131|

| 2023|316|$4.7M|$177,000|$292,619|

| 2022|317|$4.0M|$177,000|$272,364|

## 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|

| ABIP, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ABIP, P.C.](https://planprovider.pro/provider/abip-pc) — Auditor

## 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|$21,442|—|—|—|—|

| 2023|$25,827|$4,155|—|—|—|

| 2022|$26,397|$2,996|$15,450|—|$7,951|

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