Plan Snapshot
- Plan Sponsor: Msk Group, PC Dba Orthosouth
- Sponsor EIN: 620819926
- Sponsor Address: 6077 PRIMACY PARKWAY, SUITE 140, MEMPHIS, TN, 38119
- Plan Type: 401(k)
- Total Participants: 526
- Total Assets: $92.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 526 | $92.8M | $2.9M | $2.0M |
| 2023 | 332 | $79.2M | $2.6M | $1.8M |
| 2022 | 318 | $67.9M | $2.5M | $1.6M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $141,673 | — | $141,673 |
| RAYMOND JAMES FINANCIAL SERVICES | Investment Advisor | $84,161 | — | $84,161 |
| J P MORGAN SECURITIES LLC | Recordkeeper | — | $80,405 | $80,405 |
| DIVERSIFIED TRUST COMPANY, INC. | Investment Advisor | $47,412 | — | $47,412 |
| CHARLES SCHWAB & COMPANY, INC. | Investment Advisor | $34,311 | — | $34,311 |
| JANNEY MONTGOMERY SCOTT | Investment Advisor | $20,106 | — | $20,106 |
| UBS FINANCIAL SERVICES, INC. | Investment Advisor | $19,620 | — | $19,620 |
| FTB ADVISORS, INC. | Investment Advisor | $19,409 | — | $19,409 |
| BURLEIGH CONSULTING GROUP, INC. | Other Service Provider | — | $15,762 | $15,762 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL SERVICES — Investment Advisor
- J P MORGAN SECURITIES LLC — Recordkeeper
- CHARLES SCHWAB & COMPANY, INC. — Investment Advisor
- UBS FINANCIAL SERVICES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $462,859
- Estimated Expense Ratio: 0.499% 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 | $366,703 | $225,029 | $141,674 | — | — |
| 2023 | $312,454 | $198,893 | $113,561 | — | — |
| 2022 | $352,727 | $227,361 | $125,366 | — | — |