Plan Snapshot
- Plan Sponsor: Cassavant Machining, INC.
- Sponsor EIN: 860905169
- Sponsor Address: 3641 EAST LA SALLE STREET, PHOENIX, AZ, 85040
- Plan Type: 401(k)
- Total Participants: 531
- Total Assets: $22.5M
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 | 531 | $22.5M | $1.4M | $2.7M |
| 2023 | 455 | $18.9M | $1.1M | $2.2M |
| 2022 | 434 | $15.1M | $1.1M | $2.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $85,031 | — | $85,031 |
| ASCENSUS | CONTRACT ADMINISTRATOR | $20,095 | $9,229 | $29,324 |
| NFP RETIREMENT INC. | INVESTMENT ADVISORY | — | $27,623 | $27,623 |
| BAKER TILLY US, LLP | Auditor | $7,716 | — | $7,716 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS — CONTRACT ADMINISTRATOR
- NFP RETIREMENT INC. — INVESTMENT ADVISORY
- 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: $149,694
- Estimated Expense Ratio: 0.664% 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 | $112,260 | — | $104,544 | $7,716 | — |
| 2023 | $78,903 | — | $68,967 | — | — |
| 2022 | $89,646 | — | $82,511 | — | — |