Plan Snapshot
- Plan Sponsor: Century, LLC.
- Sponsor EIN: 381810580
- Sponsor Address: 2410 WEST AERO PARK COURT, TRAVERSE CITY, MI, 49686
- Plan Type: 401(k)
- Total Participants: 182
- Total Assets: $14.3M
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 | 182 | $14.3M | $218,365 | $568,398 |
| 2023 | 154 | $12.6M | $214,689 | $536,764 |
| 2022 | 163 | $11.8M | $218,701 | $579,292 |
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 | $39,117 | — | $39,117 |
| RPA FINANCIAL, LLC | INVESTMENT ADVISORY | $30,418 | $6 | $30,424 |
| DGN, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DGN, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,541
- Estimated Expense Ratio: 0.485% 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 | $69,538 | $30,421 | $39,117 | — | — |
| 2023 | $51,628 | $27,038 | $24,590 | — | — |
| 2022 | $59,273 | $28,948 | $30,325 | — | — |