Plan Snapshot
- Plan Sponsor: American Seating Company
- Sponsor EIN: 382739629
- Sponsor Address: 801 BROADWAY AVE NW, GRAND RAPIDS, MI, 49504
- Plan Type: 401(k)
- Total Participants: 209
- Total Assets: $41.4M
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 | 209 | $41.4M | $302,158 | $1.2M |
| 2023 | 193 | $40.7M | $308,695 | $1.1M |
| 2022 | 190 | $36.8M | $285,752 | $1.1M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $20,388 | — | $20,388 |
| MONROE, SWEERIS AND TROMP PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- MONROE, SWEERIS AND TROMP PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,388
- Estimated Expense Ratio: 0.049% 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 | $19,303 | — | — | — | — |
| 2023 | $15,048 | — | — | — | — |
| 2022 | $13,746 | — | — | — | — |