Plan Snapshot
- Plan Sponsor: Edgewater Automation, LLC
- Sponsor EIN: 383575198
- Sponsor Address: 481 RENAISSANCE DRIVE, ST. JOSEPH, MI, 49085
- Plan Type: 401(k)
- Total Participants: 253
- Total Assets: $14.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 253 | $14.6M | $484,686 | $1.5M |
| 2023 | 269 | $10.3M | $454,679 | $1.4M |
| 2022 | 163 | $5.4M | $761,037 | $143,078 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RECORDKEEPER | $29,310 | — | $29,310 |
| EDWARD D. JONES & CO. | RIA | $28,927 | — | $28,927 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,237
- Estimated Expense Ratio: 0.398% 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 | $60,551 | $31,290 | $29,261 | — | — |
| 2023 | $33,785 | $15,791 | $17,994 | — | — |
| 2022 | $43,796 | $14,185 | $350 | — | $29,261 |