Plan Snapshot
- Plan Sponsor: Mississippi Silicon LLC
- Sponsor EIN: 274968457
- Sponsor Address: PO BOX 316, BURNSVILLE, MS, 38833
- Plan Type: 401(k)
- Total Participants: 118
- Total Assets: $2.5M
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 | 118 | $2.5M | $154,703 | $343,293 |
| 2023 | 124 | $2.2M | $139,653 | $317,851 |
| 2022 | 123 | $1.7M | $150,778 | $338,550 |
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 |
|---|---|---|---|---|
| HORNE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HORNE LLP — 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 | $3,845 | — | $3,845 | — | — |
| 2023 | $3,846 | — | $3,846 | — | — |
| 2022 | $5,495 | — | $5,495 | — | — |