Plan Snapshot
- Plan Sponsor: Absopure Water Company, Et Al.
- Sponsor EIN: 382418014
- Sponsor Address: 41605 ANN ARBOR RD., PLYMOUTH, MI, 48170
- Plan Type: 401(k)
- Total Participants: 4,554
- Total Assets: $474.2M
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 | 4,554 | $474.2M | $8.9M | $20.7M |
| 2023 | 4,327 | $430.5M | $9.4M | $20.6M |
| 2022 | 4,247 | $372.9M | $8.3M | $18.6M |
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 |
|---|---|---|---|---|
| DOEREN MAYHEW ASSURANCE | Auditor | $53,000 | — | $53,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,000
- Estimated Expense Ratio: 0.011% 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 | $609,990 | $75,000 | — | $53,000 | — |
| 2023 | $523,967 | $75,000 | $434,296 | — | — |
| 2022 | $652,636 | $75,000 | $479,362 | — | $84,000 |