Plan Snapshot
- Plan Sponsor: Edwards Garment Co.
- Sponsor EIN: 381905652
- Sponsor Address: 4900 SOUTH 9TH STREET, KALAMAZOO, MI, 49093
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $17.3M
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 | 177 | $17.3M | $451,482 | $1.0M |
| 2023 | 155 | $14.9M | $420,904 | $977,408 |
| 2022 | 151 | $14.0M | $405,292 | $902,073 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS | Other Service Provider | $38,796 | — | $38,796 |
| FSC AGENCY, INC. | Investment Advisor | — | $21,702 | $21,702 |
| VOYA RETIREMENT INS & ANNUITY CO | Other Service Provider | — | $8,345 | $8,345 |
| MORNINGSTAR | Investment Advisor | — | $8,177 | $8,177 |
| MAP RETIREMENT USA LLC | Recordkeeper | — | $7,771 | $7,771 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MAP RETIREMENT USA LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,791
- Estimated Expense Ratio: 0.490% 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 | $39,519 | — | $39,519 | — | — |
| 2023 | $43,138 | — | $43,138 | — | — |
| 2022 | $41,172 | — | $41,172 | — | — |