Plan Snapshot
- Plan Sponsor: Bordine Nursery Ltd
- Sponsor EIN: 382296741
- Sponsor Address: 1835 S ROCHESTER RD, ROCHESTER HILLS, MI, 483073533
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 262
- Total Assets: $9.1M
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. |
|---|---|---|---|---|
| 2025 | 262 | $9.1M | $0 | $0 |
| 2024 | 194 | $7.4M | $38,062 | $282,294 |
| 2023 | 162 | $6.3M | $12,890 | $254,279 |
| 2022 | 91 | $5.7M | $25,107 | $243,655 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $19,528 | — | $19,528 |
| RBC CAPITAL MARKETS | Investment Advisor | $15,399 | — | $15,399 |
| ERISA FIDUCIARY SERVICES, INC. | Recordkeeper | $5,535 | — | $5,535 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,462
- Estimated Expense Ratio: 0.446% 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 |
|---|---|---|---|---|---|
| 2025 | $171,187 | $15,399 | $24,816 | — | — |
| 2024 | $29,318 | $11,845 | $16,613 | — | — |
| 2023 | $22,322 | $7,085 | $14,449 | — | — |
| 2022 | $39,677 | — | $39,677 | — | — |