Plan Snapshot
- Plan Sponsor: Dornerworks, LLC
- Sponsor EIN: 383534524
- Sponsor Address: 3445 LAKE EASTBROOK BLVD SE, GRAND RAPIDS, MI, 495465935
- Plan Type: 401(k)
- Total Participants: 61
- Total Assets: $9.7M
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 | 61 | $9.7M | $0 | $854,722 |
| 2023 | 98 | $11.0M | $318,041 | $1.0M |
| 2022 | 101 | $9.4M | $309,437 | $1.0M |
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 |
|---|---|---|---|---|
| MONROE, SWEERIS & TROMP P.L.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MONROE, SWEERIS & TROMP P.L.C — Auditor
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 |
|---|---|---|---|---|---|
| 2024 | $43,979 | $22,900 | $16,313 | — | — |
| 2023 | $20,296 | $9,497 | $10,799 | — | — |
| 2022 | $23,714 | — | $23,714 | — | — |