Plan Ledger DOL Form 5500 · updated monthly

Midsouth Satellite LLC dba Entersource401(k)

MIDSOUTH SATELLITE LLC 401(K) PROFIT SHARING PLAN AND TRUST · SHELBYVILLE, TN · plan year 2025

Reported admin expense ratio · 2025
1.29%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Midsouth Satellite LLC dba Entersource reported $31,296 in plan administrative expenses for 2025: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,237 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 1.93% to 1.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Tennessee (1,232nd of 1,496), and 2,040th of 2,199 in information & media. In 2025, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 115 to 200 since 2022.

Plan summary
Net assets, end of year$2,923,853
Participants with balances226
Active participants200
Employer contributions$247,417
Employee contributions$595,055
Employer contribution per active participant$1,237
Average account balance$12,937
Benefits paid to participants$231,725
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$2.9M · 226 accts · $247K emplr
2024$1.9M · 171 accts · $205K emplr
2023$1.3M · 264 accts · $180K emplr
2022$870K · 220 accts · $126K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$20,259
Investment management$10,967
Trustee / custodial$70
Total administrative$31,296
The Midsouth Satellite LLC dba Entersource 401(k) match · 2025
Employer contribution per active participant$1,237
Median for plans this size$1,464
2025$1,237 per active participant
2024$1,317 per active participant
2023$1,064 per active participant
2022$1,099 per active participant

Midsouth Satellite LLC dba Entersource's 2025 employer contribution ran below the $1,464 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PENSION INC. · Contract administrator · Recordkeeping$30,798
NICOLET NATIONAL BANK · Investment advisory (participants) · Investment advisory (plan)$10,967

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025PENSION INC.
2024PENSION INC.
2023PENSION INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$31,296 · 1.29%
2024$41,334 · 2.56%
2023$38,337 · 3.55%
2022$15,121 · 1.93%
Similar plansInformation & Media · Tennessee
D17, LLC TN$4.2M · 0.48%
Argos Health, Inc. TN$3.0M · 0.66%
Gravity Media USA Corp TN$1.9M · 0.17%
Firecrown Inc TN$1.6M · 0.35%
Amb Media LLC TN$1.1M · 1.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205635200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.