Minact Logistical Services, Llc 401(k) Plan: Login, Facts & Contact Information

Minact Logistical Services, Llc 401(k) Plan Facts

Plan name
MINACT LOGISTICAL SERVICES, LLC RETIREMENT & SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MINACT LOGISTICAL SERVICES, LLC
Participants
401 (262 active employees)
Former employees with a balance
163
Plan assets
$4,147,045 at Dec 31, 2023
Average account balance
$9,945 across 417 accounts
Employer contributions
$470,838 in plan year 2023 (68% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Aug 1, 2003
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 31, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $688,089 went into the plan in contributions, $470,838 of it from the employer (68%).
  • $334,594 was paid out to participants.
  • Investment and other income added $578,672.
  • Administrative expenses were $65,028, about $156 per account.

How the Minact Logistical Services, Llc 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20181,104$4.73 million$633,104$1.55 million
20191,228$5.09 million$463,764$1.21 million
2020710$3.57 million$474,707$2.45 million
2021409$3.82 million$464,572$838,260
2022389$3.28 million$458,278$559,976
2023401$4.15 million$470,838$334,594

Minact Logistical Services, Llc 401(k) Contact Information

Phone
601-855-6647
Mailing address
5220 KEELE STREET, JACKSON MS 39206
Plan sponsor
MINACT LOGISTICAL SERVICES, LLC
Employer identification number (EIN)
06-1645510
Plan number
001

Questions about the Minact Logistical Services, Llc 401(k)

Does Minact Logistical Services, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $470,838, 68% of all contributions.

Does the Minact Logistical Services, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Minact Logistical Services, Llc 401(k) plan?

401 participants at the start of plan year 2023, 262 of them active employees, and 163 former employees who still had money in the plan.

What is the average 401(k) balance at Minact Logistical Services, Llc?

About $9,945 per account: $4.15 million in plan assets across 417 accounts with a balance at the end of plan year 2023.

Who manages the Minact Logistical Services, Llc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Minact Logistical Services, Llc. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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