Plan Snapshot
- Plan Sponsor: Dewys Metal Solutions, INC.
- Sponsor EIN: 383324858
- Sponsor Address: 15300 8TH AVENUE, MARNE, MI, 49435
- Plan Type: 401(k)
- Total Participants: 249
- Total Assets: $13.2M
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. |
|---|---|---|---|---|
| 2024 | 249 | $13.2M | $286,304 | $832,054 |
| 2023 | 251 | $12.4M | $280,830 | $843,499 |
| 2022 | 225 | $11.6M | $262,720 | $797,532 |
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 |
|---|---|---|---|---|
| DOLINKA VANNOORD & CO | Auditor | $11,645 | — | $11,645 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,645
- Estimated Expense Ratio: 0.088% 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 | $82,908 | — | $61,023 | $11,645 | — |
| 2023 | $74,730 | — | $53,810 | $11,100 | — |
| 2022 | $78,283 | — | $59,548 | — | $18,735 |