Plan Snapshot
- Plan Sponsor: Mlg Services Corp
- Sponsor EIN: 271281116
- Sponsor Address: 19000 WEST BLUEMOUND ROAD, BROOKFIELD, WI, 53045
- Plan Type: 401(k)
- Total Participants: 873
- Total Assets: $15.2M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 873 | $15.2M | $663,719 | $2.0M |
| 2023 | 845 | $11.3M | $635,616 | $1.7M |
| 2022 | 650 | $8.2M | $419,363 | $1.3M |
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 |
|---|---|---|---|---|
| OPEROSE ADVISORES LLC | INVESTMENT ADVISOR | $47,380 | — | $47,380 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $35,089 | — | $35,089 |
| BLUE CHIP RETIREMENT PLANS, INC. | CONTRACT ADMIN | $13,933 | $6,344 | $20,277 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,621 | — | $5,621 |
| SVA CERTIFIED PUBLIC ACCOUNTANTS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,367
- Estimated Expense Ratio: 0.714% 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 | $155,100 | $52,635 | $13,837 | — | — |
| 2023 | $105,170 | $51,264 | $29,363 | — | — |
| 2022 | $88,726 | — | $88,726 | — | — |