Plan Snapshot
- Plan Sponsor: Alpena Supermarket, INC.
- Sponsor EIN: 382471411
- Sponsor Address: 144 THUNDER BAY SHOPPING CENTER, ALPENA, MI, 497074517
- Plan Type: 401(k)
- Total Participants: 183
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 183 | $2.7M | $15,120 | $146,470 |
| 2023 | 197 | $2.2M | $12,107 | $119,639 |
| 2022 | 128 | $1.8M | $0 | $117,259 |
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 |
|---|---|---|---|---|
| EDWARD JONES | INVESTMENT ADVISOR | $11,396 | — | $11,396 |
| STRALEY LAMP & KRAENZLEIN PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,396
- Estimated Expense Ratio: 0.424% 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 | $11,826 | $11,396 | $45 | — | — |
| 2023 | $10,243 | $9,314 | $557 | — | — |
| 2022 | $11,248 | $9,841 | $407 | — | — |