Plan Snapshot
- Plan Sponsor: Artiflex Manufacturing, INC.
- Sponsor EIN: 451759535
- Sponsor Address: 731 BROADWAY NW, GRAND RAPIDS, MI, 49504
- Plan Type: 401(k)
- Total Participants: 241
- Total Assets: $17.8M
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 | 241 | $17.8M | $401,497 | $1.5M |
| 2023 | 263 | $14.1M | $336,478 | $1.3M |
| 2022 | 167 | $8.9M | $169,714 | $956,908 |
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 |
|---|---|---|---|---|
| JPMORGAN INVEST HOLDINGS LLC | RECORDKEEPER | $15,568 | — | $15,568 |
| HELMHOLDT COMPANY LLP CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HELMHOLDT COMPANY LLP CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,568
- Estimated Expense Ratio: 0.088% 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 | $33,472 | $2,500 | — | — | — |
| 2023 | $25,600 | $2,500 | — | — | — |
| 2022 | $23,472 | — | $23,472 | — | — |