Plan Snapshot
- Plan Sponsor: Msg Global Solutions, INC.
- Sponsor EIN: 522265555
- Sponsor Address: 506 CARNEGIE CENTER - SUITE 401, PRINCETON, NJ, 08540
- Plan Type: 401(k)
- Total Participants: 68
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 68 | $15.9M | $313,829 | $1.2M |
| 2023 | 86 | $14.7M | $389,028 | $1.3M |
| 2022 | 91 | $12.4M | $334,152 | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $71,680 | — | $71,680 |
| OSAIC WEALTH, INC. | OTHER SERVICES | — | $30,949 | $30,949 |
| COMMONWEALTH TPA SOLUTIONS, LLC | CONTRACT ADMINISTRATOR | $1,760 | $6,189 | $7,949 |
| STEPHANO SLACK LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH, INC. — OTHER SERVICES
- STEPHANO SLACK LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,578
- Estimated Expense Ratio: 0.695% 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 | $71,481 | — | $71,481 | — | — |
| 2023 | $61,179 | — | $61,179 | — | — |
| 2022 | $56,086 | — | $56,086 | — | — |