Plan Snapshot
- Plan Sponsor: Mission1st Group, INC.
- Sponsor EIN: 202921829
- Sponsor Address: 2511 JEFFERSON DAVIS HIGHWAY, ARLINGTON, VA, 22202
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $9.2M
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 | 133 | $9.2M | $542,946 | $1.1M |
| 2023 | 118 | $6.8M | $253,071 | $611,900 |
| 2022 | 52 | $5.1M | $299,033 | $629,762 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL CORP | INVESTMENT ADVISORY-PLAN | $32,695 | — | $32,695 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $21,237 | — | $21,237 |
| COULTER & JUSTUS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,932
- Estimated Expense Ratio: 0.586% 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 | $63,070 | $37,443 | — | — | — |
| 2023 | $39,742 | $22,582 | $12,963 | — | — |
| 2022 | $40,270 | $22,632 | $17,638 | — | — |