Plan Snapshot
- Plan Sponsor: Coldwater Veneer, INC.
- Sponsor EIN: 824262380
- Sponsor Address: 548 RACE STREET, COLDWATER, MI, 49036
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 991
- Total Assets: $6.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 991 | $6.9M | $0 | $0 |
| 2024 | 854 | $6.6M | $66,387 | $302,401 |
| 2023 | 827 | $7.9M | $68,724 | $308,996 |
| 2022 | 703 | $7.4M | $70,345 | $311,762 |
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 FINANCIAL GROUP | Recordkeeper | $12,235 | — | $12,235 |
| SIDE BY SIDE FINANCIALS, INC. | Recordkeeper | — | $8,359 | $8,359 |
| ORENDA RETIREMENT, LLC | Recordkeeper | $3,725 | $1,925 | $5,650 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,244
- Estimated Expense Ratio: 0.379% 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 | $829,816 | — | $15,960 | — | — |
| 2024 | $21,492 | — | $21,492 | — | — |
| 2023 | $22,373 | — | $22,373 | — | — |
| 2022 | $24,798 | — | $24,798 | — | — |