Plan Snapshot
- Plan Sponsor: Mpi Incorporated
- Sponsor EIN: 141500755
- Sponsor Address: 165 SMITH STREET, POUGHKEEPSIE, NY, 12601
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $10.0M
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 | 87 | $10.0M | $249,905 | $536,412 |
| 2023 | 83 | $8.4M | $218,750 | $478,901 |
| 2022 | 80 | $6.7M | $217,858 | $505,142 |
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 |
|---|---|---|---|---|
| BEYOND WEALTH MANAGEMENT | INVESTMENT ADVISOR | $18,646 | — | $18,646 |
| MESIROW | INVESTMENT ADVISOR | $6,370 | — | $6,370 |
| ASCENSUS LLC | RECORDKEEPER | $5,612 | — | $5,612 |
| PKF O'CONNOR DAVIES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,628
- Estimated Expense Ratio: 0.305% 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 | $31,058 | — | $625 | — | — |
| 2023 | $450 | — | $450 | — | — |
| 2022 | $1,695 | — | $1,695 | — | — |