Plan Snapshot
- Plan Sponsor: Acument Global Technologies, INC.
- Sponsor EIN: 205110172
- Sponsor Address: 6125 EAST 18 MILE ROAD, STERLING HEIGHTS, MI, 48314
- Plan Type: 401(k)
- Total Participants: 1,079
- Total Assets: $129.5M
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 | 1,079 | $129.5M | $2.6M | $5.9M |
| 2023 | 1,084 | $119.4M | $2.7M | $6.1M |
| 2022 | 661 | $106.3M | $2.6M | $5.8M |
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, PLLC | Auditor | $20,000 | — | $20,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,000
- Estimated Expense Ratio: 0.015% 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 | $193,179 | $59,000 | — | $20,000 | — |
| 2023 | $143,844 | $59,000 | — | $16,731 | — |
| 2022 | $188,015 | $59,000 | — | — | $18,000 |