Plan Snapshot
- Plan Sponsor: A & B Packing Equipment, INC.
- Sponsor EIN: 383662907
- Sponsor Address: 732 WEST SAINT JOSEPH STREET, LAWRENCE, MI, 490649338
- Plan Type: 401(k)
- Total Participants: 83
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 83 | $3.2M | $200,582 | $343,270 |
| 2023 | 86 | $2.6M | $178,872 | $313,626 |
| 2022 | 100 | $2.0M | $174,373 | $279,951 |
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 |
|---|---|---|---|---|
| FOX & COMPANY | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $11,023 | — | $11,023 | — | — |
| 2023 | $11,077 | — | $11,077 | — | — |
| 2022 | — | — | — | — | — |