Plan Snapshot
- Plan Sponsor: Eaton Steel Bar Company
- Sponsor EIN: 383274875
- Sponsor Address: 10221 CAPITAL AVE., OAK PARK, MI, 482373103
- Plan Type: DC
- Total Participants: 140
- Total Assets: $28.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 140 | $28.4M | $1.3M | $0 |
| 2023 | 139 | $25.0M | $1.2M | $0 |
| 2022 | 135 | $24.0M | $1.1M | $0 |
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 |
|---|---|---|---|---|
| HACK WEALTH MANAGEMENT | ASSET MGMT | $124,023 | — | $124,023 |
| GRANT, MILLMAN & JOHNSON, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HACK WEALTH MANAGEMENT — ASSET MGMT
- GRANT, MILLMAN & JOHNSON, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $124,023
- Estimated Expense Ratio: 0.437% 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 | $127,233 | $124,023 | — | — | — |
| 2023 | $137,633 | $133,200 | — | — | — |
| 2022 | $182,701 | $172,452 | — | — | — |