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: 254
- Total Assets: $18.4M
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 | 254 | $18.4M | $700,120 | $1.5M |
| 2023 | 296 | $16.6M | $818,169 | $1.6M |
| 2022 | 344 | $13.9M | $848,072 | $1.6M |
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 | $24,403 | — | $24,403 | — | — |
| 2023 | $15,304 | — | — | — | — |
| 2022 | $16,220 | — | $16,220 | — | — |