Plan Snapshot
- Plan Sponsor: Msi Express, INC.
- Sponsor EIN: 311622808
- Sponsor Address: 5900 CARLSON AVENUE, PORTAGE, IN, 46368
- Plan Type: 401(k)
- Total Participants: 935
- Total Assets: $17.4M
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 | 935 | $17.4M | $1.0M | $2.0M |
| 2023 | 854 | $15.1M | $772,980 | $1.7M |
| 2022 | 1,000 | $11.7M | $397,249 | $1.5M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | $68,844 | — | $68,844 |
| CAPITAL GROUP RETIREMENT PLAN SERV | RECORDKEEPER | $42,726 | — | $42,726 |
| COMMONWEALTH EQUITY SERVICES LLC | INVESTMENT ADVISOR | $36,212 | — | $36,212 |
| REA & ASSOCIATES | CONTRACT ADMIN | $8,075 | — | $8,075 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $155,857
- Estimated Expense Ratio: 0.896% 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 | $68,844 | — | — | $68,844 | — |
| 2023 | $64,415 | $21,666 | $10,344 | — | — |
| 2022 | $69,272 | $26,821 | $27,207 | — | $15,244 |