Plan Snapshot
- Plan Sponsor: A.G. Simpson Usa INC.
- Sponsor EIN: 980138071
- Sponsor Address: 6700 18 12 MILE ROAD, STERLING HEIGHTS, MI, 48314
- Plan Type: 401(k)
- Total Participants: 574
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 574 | $15.9M | $361,630 | $1.2M |
| 2023 | 218 | $13.8M | $309,330 | $1.0M |
| 2022 | 204 | $10.9M | $313,680 | $956,278 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $15,832 | — | $15,832 |
| SIKICH CPA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- SIKICH CPA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,832
- Estimated Expense Ratio: 0.100% of plan assets
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 | $15,833 | — | — | — | — |
| 2023 | $3,447 | — | — | — | — |
| 2022 | $4,039 | — | — | — | — |