Plan Snapshot
- Plan Sponsor: Busch'S, INC.
- Sponsor EIN: 382075818
- Sponsor Address: 2240 S. MAIN ST., ANN ARBOR, MI, 48103
- Plan Type: 401(k)
- Total Participants: 1,575
- Total Assets: $36.7M
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 | 1,575 | $36.7M | $580,238 | $2.0M |
| 2023 | 947 | $33.1M | $536,397 | $1.8M |
| 2022 | 914 | $28.8M | $492,256 | $1.7M |
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 |
|---|---|---|---|---|
| OSAIC WEALTH INC | ADVISOR | $52,544 | — | $52,544 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $47,894 | — | $47,894 |
| BTVK, LLP | ACCOUNTANT/AUDITOR | $19,925 | — | $19,925 |
| BAKER TILLY US, LLP | Auditor | $19,925 | — | $19,925 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,288
- Estimated Expense Ratio: 0.383% 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 | $120,853 | $53,034 | — | $19,925 | — |
| 2023 | $5,584 | $3,711 | — | — | — |
| 2022 | $23,281 | — | — | — | — |