Plan Snapshot
- Plan Sponsor: Airboss Flexible Products Co.
- Sponsor EIN: 382330046
- Sponsor Address: 2600 AUBURN COURT, AUBURN HILLS, MI, 48326
- Plan Type: 401(k)
- Total Participants: 306
- Total Assets: $2.8M
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 | 306 | $2.8M | $166,870 | $243,254 |
| 2023 | 339 | $2.5M | $200,241 | $286,764 |
| 2022 | 349 | $1.9M | $189,697 | $315,529 |
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 |
|---|---|---|---|---|
| JANZ & KNIGHT, PLC | 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 | $25,250 | — | $25,250 | — | — |
| 2023 | $18,448 | — | — | — | — |
| 2022 | $18,715 | — | $18,715 | — | — |