Plan Snapshot
- Plan Sponsor: Allied Finishing, INC.
- Sponsor EIN: 382169890
- Sponsor Address: 4100 BROADMOOR AVENUE SOUTHEAST, KENTWOOD, MI, 495123933
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $7.2M
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 | 113 | $7.2M | $62,469 | $244,824 |
| 2023 | 116 | $7.8M | $56,780 | $246,234 |
| 2022 | 126 | $6.9M | $54,184 | $245,655 |
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 | Auditor | $15,998 | — | $15,998 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,998
- Estimated Expense Ratio: 0.222% 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 | $45,221 | $11,655 | $17,568 | $15,998 | — |
| 2023 | $52,372 | $12,962 | $24,460 | $14,950 | — |
| 2022 | $49,065 | $13,337 | $25,928 | — | $9,800 |