Plan Snapshot
- Plan Sponsor: Audrik INC.
- Sponsor EIN: 800347493
- Sponsor Address: 12898 WESTMORE STREET, LIVONIA, MI, 48150
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $1.3M
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 | 94 | $1.3M | $0 | $158,536 |
| 2023 | 134 | $1.1M | $0 | $131,225 |
| 2022 | 95 | $833,183 | $0 | $124,168 |
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 |
|---|---|---|---|---|
| UHY ADVISORS INC. 12900 HALL RO | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,265 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $1,000 | — | — | — | — |