Plan Snapshot
- Plan Sponsor: Daifuku North America Holding Company
- Sponsor EIN: 274402595
- Sponsor Address: 30100 CABOT DRIVE, NOVI, MI, 48377
- Plan Type: 401(k)
- Total Participants: 2,986
- Total Assets: $233.9M
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 | 2,986 | $233.9M | $5.6M | $13.6M |
| 2023 | 3,599 | $153.7M | $6.0M | $14.1M |
| 2022 | 3,518 | $123.5M | $4.0M | $12.5M |
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 |
|---|---|---|---|---|
| WARNER NORCROSS & JUDD LLP | ATTORNEY/LEGAL | $124,697 | — | $124,697 |
| CAPFINANCIAL PARTNERS LLC | ADVISOR | $75,000 | — | $75,000 |
| PLANTE MORAN | ACCOUNTANT/AUDITOR | $19,000 | — | $19,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARNER NORCROSS & JUDD LLP — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $218,697
- Estimated Expense Ratio: 0.094% 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 | $220,662 | $75,000 | — | $19,000 | — |
| 2023 | $172,728 | $72,511 | — | $18,000 | — |
| 2022 | $129,879 | — | — | — | — |