Retirement plan

MISSION SUPPORT AND TEST SERVICES LLC (MSTS) REPRESENTED EMPLOYEE 401(K) PLAN

Name: MISSION SUPPORT AND TEST SERVICES LLC - MISSION SUPPORT AND TEST SERVICES LLC (MSTS) REPRESENTED EMPLOYEE 401(K) PLAN (2024) Form 5500
Creator: MISSION SUPPORT AND TEST SERVICES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MISSION SUPPORT AND TEST SERVICES LLC (MSTS) REPRESENTED EMPLOYEE 401(K) PLAN, MISSION SUPPORT AND TEST SERVICES LLC

MISSION SUPPORT AND TEST SERVICES LLCEIN 81-0705502Plan #003PY 2024

PO BOX 98521 M/S NLV010 - LAS VEGAS, NV 891938521702-295-4377msts-llc.comLinkedIn1001-5000 employeesgovernment administration

Other plans on this EIN

2 filings

#002Retirement-$611.9M assets #001Retirement-$533.7M assets

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$52.4M

+27.2% from 2023

Total participants

926

-5.5% from 2023

Average account balance

$106,325

+25.6% from 2023

Annual return

22.35%

-35.56 pp from 2023

Benchmarks

See 3,307 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,307 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$52.42M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$106K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

493

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

48.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+22.35%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$124

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
FID INV INST OPS CO1 year Filed as: FID INVSMNTS INST OPRTNS CO, LLC. Service code 37 · EIN 04-2647786	Loan Processing	$37,456
STRATEGIC ADVISORS, INC.8+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$23,778
FID INV INST OPS CO8+ years Filed as: FID INVSMNTS INST OPRTNS CO, INC. Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3H2S

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$61K

$73 / participant

Recordkeeping$37K61.2%
Investment mgmt$24K38.8%

% of EOY assets

0.117%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCCONNELL & JONES, LLP
Auditor EIN: 760488832
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,325

$106,164+0.2%

$147,041-27.7%

$77,692+36.9%

Participation rate

48.1%

78.4%-30.2pp

82.2%-34.0pp

70.6%-22.4pp

Annual return

22.35%

56.81%-34.5pp

419.21%-396.9pp

31.25%-8.9pp

Employer contribution / active EE

$1,190

$4,066-70.7%

$4,935-75.9%

$2,726-56.4%

Participant deferral / active EE

$5,318

$7,993-33.5%

$8,071-34.1%

$4,648+14.4%

Admin fee / account holder

$124

$338-63.2%

$13,006-99.0%

$431-71.1%

Provider

Service type

Compensation

FID INV INST OPS CO1 year

Filed as: FID INVSMNTS INST OPRTNS CO, LLC.

Service code 37 · EIN 04-2647786

Loan Processing

$37,456

STRATEGIC ADVISORS, INC.8+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$23,778

FID INV INST OPS CO8+ years

Filed as: FID INVSMNTS INST OPRTNS CO, INC.

Service code 60

Sub-TA Fees

MISSION SUPPORT AND TEST SERVICES LLC (MSTS) REPRESENTED EMPLOYEE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MISSION SUPPORT AND TEST SERVICES LLC (MSTS) REPRESENTED EMPLOYEE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion