Plan Snapshot
- Plan Sponsor: Carls Golfland, INC.
- Sponsor EIN: 381893867
- Sponsor Address: 1976 S TELEGRAPH ROAD, BLOOMFIELD HILLS, MI, 48302
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 130 | $11.7M | $324,462 | $499,965 |
| 2023 | 124 | $10.0M | $570,421 | $485,848 |
| 2022 | 123 | $8.0M | $321,080 | $486,125 |
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 |
|---|---|---|---|---|
| PORVIN, BURNSTEIN & GARELIK, PLLC | 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 | $51,687 | — | $29,429 | — | — |
| 2023 | $40,248 | — | $28,883 | — | — |
| 2022 | $41,521 | $28,320 | $13,201 | — | — |