Plan Snapshot
- Plan Sponsor: A123 Systems LLC
- Sponsor EIN: 352464405
- Sponsor Address: 27101 CABARET DRIVE, NOVI, MI, 483773312
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $25.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 105 | $25.3M | $468,388 | $1.1M |
| 2023 | 116 | $24.4M | $474,499 | $1.1M |
| 2022 | 116 | $23.2M | $448,900 | $1.1M |
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 |
|---|---|---|---|---|
| JANZ & KNIGHT, PLC | 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 | $69,386 | — | $69,386 | — | — |
| 2023 | $67,477 | — | $67,477 | — | — |
| 2022 | $83,681 | — | $83,681 | — | — |