Plan Snapshot
- Plan Sponsor: Abc Group Holdings, INC.
- Sponsor EIN: 621364495
- Sponsor Address: 25900 WEST 11 MILE ROAD, SOUTHFIELD, MI, 48034
- Plan Type: 401(k)
- Total Participants: 4,421
- Total Assets: $73.2M
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 | 4,421 | $73.2M | $3.8M | $6.8M |
| 2023 | 2,560 | $62.0M | $852,716 | $2.6M |
| 2022 | 1,704 | $19.2M | $766,180 | $2.5M |
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 |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | $25,000 | — | $25,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,000
- Estimated Expense Ratio: 0.034% 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 | $242,301 | $2,757 | $300 | $25,000 | — |
| 2023 | $79,840 | — | — | — | — |
| 2022 | $93,155 | $3,765 | $89,390 | — | — |