Plan Snapshot
- Plan Sponsor: Ayers Basement Systems, LLC
- Sponsor EIN: 352348943
- Sponsor Address: 2631 EATON RAPIDS ROAD, LANSING, MI, 48911
- Plan Type: 401(k)
- Total Participants: 142
- Total Assets: $4.2M
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 | 142 | $4.2M | $278,991 | $492,169 |
| 2023 | 149 | $3.6M | $292,001 | $547,618 |
| 2022 | 136 | $2.5M | $232,144 | $506,598 |
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 |
|---|---|---|---|---|
| MANER COSTERISAN, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MANER COSTERISAN, P.C. — Auditor
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 | $24,661 | — | $24,661 | — | — |
| 2023 | $17,687 | — | $19,774 | — | — |
| 2022 | $13,627 | — | $13,627 | — | — |