Plan Snapshot
- Plan Sponsor: Accurate Technologies INC.
- Sponsor EIN: 383033290
- Sponsor Address: 26999 MEADOWBROOK RD, NOVI, MI, 48377
- Plan Type: 401(k)
- Total Participants: 84
- Total Assets: $12.0M
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 | 84 | $12.0M | $306,515 | $814,608 |
| 2023 | 86 | $11.5M | $310,466 | $785,361 |
| 2022 | 87 | $9.1M | $588,834 | $692,126 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH RETIREMENT & BENEFIT | NONE | $27,026 | — | $27,026 |
| THE AMERICAN AUDITORS GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE AMERICAN AUDITORS GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,026
- Estimated Expense Ratio: 0.225% 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 | $28,496 | $27,026 | $1,470 | — | — |
| 2023 | $29,936 | $28,286 | $1,650 | — | — |
| 2022 | $29,429 | $27,419 | $2,010 | — | — |