Plan Snapshot
- Plan Sponsor: Mississippi Management, INC.
- Sponsor EIN: 640434090
- Sponsor Address: 600 CRESCENT BLVD., RIDGELAND, MS, 39157
- Plan Type: 401(k)
- Total Participants: 1,482
- Total Assets: $7.8M
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 | 1,482 | $7.8M | $158,014 | $464,334 |
| 2023 | 1,074 | $6.9M | $44,924 | $351,886 |
| 2022 | 647 | $6.2M | $40,484 | $319,835 |
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 |
|---|---|---|---|---|
| MATTHEWS CUTRER & LINDSAY | 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 | $21,337 | $12,284 | — | — | — |
| 2023 | $19,341 | $12,123 | — | — | — |
| 2022 | $25,591 | — | — | — | — |