Plan Snapshot
- Plan Sponsor: Multi Service Technology Solutions INC.
- Sponsor EIN: 461486267
- Sponsor Address: 6450 SPRINT PARKWAY, OVERLAND PARK, KS, 66211
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 530
- Total Assets: $38.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 530 | $38.2M | $0 | $0 |
| 2024 | 452 | $30.6M | $1.2M | $3.7M |
| 2023 | 476 | $23.2M | $1.2M | $3.5M |
| 2022 | 468 | $15.8M | $983,736 | $3.0M |
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 |
|---|---|---|---|---|
| MMA SECURITIES | Other Service Provider | $68,812 | — | $68,812 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $11,983 | — | $11,983 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,795
- Estimated Expense Ratio: 0.212% 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 |
|---|---|---|---|---|---|
| 2025 | $3,042,610 | $68,812 | $11,983 | — | — |
| 2024 | $85,734 | $65,571 | $20,163 | — | — |
| 2023 | $57,380 | $44,930 | $12,450 | — | — |
| 2022 | $46,045 | $37,105 | $8,940 | — | — |