Plan Ledger DOL Form 5500 · updated monthly

Ms Tc LLC401(k)

MS TC LLC 401(K) PROFIT SHARING PLAN AND TRUST · RIDGELAND, MS · plan year 2024

Reported admin expense ratio · 2024
1.98%

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

Ms Tc LLC reported $59,622 in plan administrative expenses for 2024: 1.98% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,223 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 2 years on file its reported administrative ratio rose from 0.79% to 1.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Mississippi (275th of 367), and 10,350th of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,520,081
Participants with balances355
Active participants213
Employer contributions$260,473
Employee contributions$552,504
Employer contribution per active participant$1,223
Average account balance$9,916
Benefits paid to participants$505,846
Plan auditUnmodified (clean) audit opinion
AuditorHARPER, RAINS, AND KNIGHT
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 355 accts · $260K emplr
2023$2.5M · 203 accts · $286K emplr
2022$1.6M · 230 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,622
Total administrative$59,622
The Ms Tc LLC 401(k) match · 2024
Employer contribution per active participant$1,223
Median for plans this size$1,313
2024$1,223 per active participant
2023$1,704 per active participant
2022$1,278 per active participant

Ms Tc LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
BALLEW ADVISORS INC · Investment advisory (plan)$21,442
ERISA SERVICES OF ALABAMA · Contract administrator$16,226
EMPOWER ADVISORY GROUP, LLC · Investment management$2,595

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

Administrative cost history3
2024$59,622 · 1.98%
2023$48,799 · 2.36%
2022$11,216 · 0.79%
Same employer
Similar plansProfessional & Technical Services · Mississippi
HR New Hire, LLC MS$8.0M · 0.02%
Nvision Solutions, Inc. MS$4.2M · 0.48%
Corporate Management, Inc MS$3.6M · 0.70%
Corr Flight S Inc. MS$2.9M · 0.40%
Potters Wings, LLC MS$1.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465704074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.