Plan Snapshot
- Plan Sponsor: Abc Appliance, INC.
- Sponsor EIN: 381743820
- Sponsor Address: P.O BOX 436001, PONTIAC, MI, 483436001
- Plan Type: 401(k)
- Total Participants: 619
- Total Assets: $69.7M
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 | 619 | $69.7M | $361,940 | $2.1M |
| 2023 | 562 | $64.1M | $371,280 | $2.2M |
| 2022 | 581 | $55.6M | $1.6M | $2.2M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, LLC | 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 | $24,840 | $19,388 | — | — | — |
| 2023 | $14,378 | $21,972 | — | — | — |
| 2022 | $20,143 | $21,825 | — | — | — |