Plan Snapshot
- Plan Sponsor: Adept Plastic Finishing, INC.
- Sponsor EIN: 382557162
- Sponsor Address: 48668 ALPHA DRIVE, WIXOM, MI, 48393
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $2.5M
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 | 214 | $2.5M | $0 | $121,830 |
| 2023 | 357 | $2.3M | $0 | $136,848 |
| 2022 | 247 | $2.5M | $0 | $191,046 |
| 2021 | 271 | $3.5M | $0 | $0 |
| 2020 | 302 | $3.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON 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 | $5,950 | — | — | — | — |
| 2023 | $4,475 | — | $4,475 | — | — |
| 2022 | $5,850 | — | $5,850 | — | — |
| 2021 | $6,850 | — | $6,850 | — | — |
| 2020 | $3,175 | — | $3,175 | — | — |