Plan Snapshot
- Plan Sponsor: Mitchell Companies, LLC
- Sponsor EIN: 640917967
- Sponsor Address: 100 JAMES E CHANEY DR., MERIDIAN, MS, 39307
- Plan Type: 401(k)
- Total Participants: 339
- Total Assets: $22.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 339 | $22.6M | $440,014 | $783,664 |
| 2023 | 365 | $26.6M | $434,177 | $863,561 |
| 2022 | 360 | $24.7M | $451,866 | $915,685 |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES, LLC | INVESTMENT ADVISOR | $55,887 | — | $55,887 |
| NATIONWIDE | CUSTODIAN | $43,413 | — | $43,413 |
| IRON FIDUCIARY | INVESTMENT ADVISOR | $13,120 | — | $13,120 |
| CORPORATE FINANCIAL SERVICES, LLC | TPA | $8,434 | — | $8,434 |
| REA, SHAW, GIFFEN & STUART | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WELLS FARGO CLEARING SERVICES, LLC — INVESTMENT ADVISOR
- NATIONWIDE — CUSTODIAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,854
- Estimated Expense Ratio: 0.534% 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 | $13,353 | — | — | — | — |
| 2023 | $11,982 | — | — | — | — |
| 2022 | $5,855 | — | — | — | — |