Plan Snapshot
- Plan Sponsor: Mvc Mso LLC
- Sponsor EIN: 821651632
- Sponsor Address: 7125 ORCHARD LAKE RD STE 120, WEST BLOOMFIELD, MI, 483223627
- Plan Type: 401(k)
- Total Participants: 337
- Total Assets: $4.0M
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 | 337 | $4.0M | $286,483 | $917,387 |
| 2023 | 144 | $2.4M | $174,237 | $617,383 |
| 2022 | 114 | $1.1M | $117,764 | $363,860 |
| 2021 | 98 | $864,926 | $0 | $0 |
| 2020 | 59 | $565,301 | $0 | $0 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $9,036 | — | $9,036 |
| SKILLMAN GROUP PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,036
- Estimated Expense Ratio: 0.225% 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 | $10,395 | $562 | $8,944 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $3,987 | $178 | $3,807 | — | — |
| 2021 | $3,181 | $129 | $3,050 | — | — |
| 2020 | $4,094 | $78 | $4,016 | — | — |