Plan Snapshot
- Plan Sponsor: Durez Corporation
- Sponsor EIN: 522004847
- Sponsor Address: 4400 HAGGERTY RD., COMMERCE TOWNSHIP, MI, 48390
- Plan Type: 401(k)
- Total Participants: 664
- Total Assets: $91.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 664 | $91.2M | $1.1M | $3.6M |
| 2023 | 664 | $80.1M | $1.1M | $3.4M |
| 2022 | 686 | $70.6M | $999,314 | $3.3M |
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 |
|---|---|---|---|---|
| ALAN C. YOUNG & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALAN C. YOUNG & ASSOCIATES — 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 | $107,560 | $22,498 | $300 | — | — |
| 2023 | $105,001 | $22,481 | — | — | — |
| 2022 | $65,486 | $17,646 | — | — | — |