Plan Snapshot
- Plan Sponsor: Mitsubishi Logisnext Americas INC.
- Sponsor EIN: 341710051
- Sponsor Address: 2121 W SAM HOUSTON PARKWAY N, HOUSTON, TX, 77043
- Plan Type: 401(k)
- Total Participants: 1,644
- Total Assets: $274.6M
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 | 1,644 | $274.6M | $9.2M | $12.2M |
| 2023 | 1,762 | $237.9M | $8.6M | $11.4M |
| 2022 | 1,637 | $197.3M | $7.5M | $9.6M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | $26,300 | — | $26,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,300
- Estimated Expense Ratio: 0.010% 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 | $319,944 | $67,126 | $1,200 | $26,300 | — |
| 2023 | $253,131 | $52,158 | $1,800 | $16,375 | — |
| 2022 | $106,007 | $69,715 | — | — | — |