Plan Snapshot
- Plan Sponsor: Alternative Services, INC.
- Sponsor EIN: 382225929
- Sponsor Address: 32625 WEST SEVEN MILE ROAD, STE 10, LIVONIA, MI, 48152
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 333
- Total Assets: $5.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 333 | $5.9M | $175,000 | $133,871 |
| 2022 | 471 | $4.3M | $0 | $0 |
| 2021 | 514 | $5.3M | $0 | $0 |
| 2020 | 493 | $4.4M | $0 | $0 |
| 2019 | 611 | $4.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| SENTINEL BENEFITS GROUP, INC. | Recordkeeper | $29,226 | — | $29,226 |
| SENTINEL PENSION ADVISORS | Recordkeeper | $14,520 | — | $14,520 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL BENEFITS GROUP, INC. — Recordkeeper
- SENTINEL PENSION ADVISORS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,746
- Estimated Expense Ratio: 0.741% 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 | $45,909 | $14,520 | — | — | — |
| 2022 | $250,200 | $214 | — | — | — |
| 2021 | $116,763 | $6,365 | — | — | — |
| 2020 | $484,483 | $4,220 | — | — | — |
| 2019 | $124,434 | — | — | — | — |