Plan Snapshot
- Plan Sponsor: Danlaw INC
- Sponsor EIN: 382495987
- Sponsor Address: 41369 VINCENTI COURT,, NOVI, MI, 48375
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 174
- Total Assets: $23.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 174 | $23.4M | $0 | $0 |
| 2024 | 111 | $21.5M | $347,170 | $1.5M |
| 2023 | 140 | $19.1M | $424,710 | $1.6M |
| 2022 | 144 | $16.6M | $389,566 | $1.5M |
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 |
|---|---|---|---|---|
| GRANT, MILLMAN AND JOHNSON, P.C. | 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 |
|---|---|---|---|---|---|
| 2025 | $2,690,265 | $3,471 | — | — | — |
| 2024 | $51,853 | $2,946 | — | — | — |
| 2023 | $48,480 | $951 | — | — | — |
| 2022 | $67,479 | — | — | — | — |