Plan Snapshot
- Plan Sponsor: Administration Systems Research Corporation International
- Sponsor EIN: 382651185
- Sponsor Address: 618 KENMOOR AVE., SE, SUITE 200, GRAND RAPIDS, MI, 49546
- Plan Type: 401(k)
- Total Participants: 118
- Total Assets: $13.0M
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 | 118 | $13.0M | $232,699 | $677,403 |
| 2023 | 116 | $14.6M | $230,376 | $676,736 |
| 2022 | 120 | $13.0M | $229,285 | $659,215 |
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 |
|---|---|---|---|---|
| CAPTRUST FIANCIAL ADVISORS | Investment Advisor | $38,110 | — | $38,110 |
| SENTINEL BENEFITS GROUP, INC. | Recordkeeper | $20,098 | — | $20,098 |
| CHARLES SCHWAB TRUST BANK | Custodian / Trustee | $7,397 | — | $7,397 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL BENEFITS GROUP, INC. — Recordkeeper
- CHARLES SCHWAB TRUST BANK — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,605
- Estimated Expense Ratio: 0.505% 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 | $65,605 | $38,110 | — | — | — |
| 2023 | $74,514 | $44,467 | — | — | — |
| 2022 | $67,200 | $33,391 | — | — | $33,809 |