Plan Snapshot
- Plan Sponsor: Engineered Machined Products, INC.
- Sponsor EIN: 382991835
- Sponsor Address: 3111 N. 28TH STREET, ESCANABA, MI, 498299324
- Plan Type: 401(k)
- Total Participants: 194
- Total Assets: $36.0M
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 | 194 | $36.0M | $535,681 | $1.4M |
| 2023 | 235 | $36.0M | $616,399 | $1.6M |
| 2022 | 235 | $30.9M | $556,681 | $1.4M |
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 |
|---|---|---|---|---|
| ANDERSON, TACHMAN & CO., PLC | Auditor | — | — | $0 |
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 | $151,302 | $79,577 | $67,000 | — | — |
| 2023 | $136,973 | $73,231 | $60,667 | — | — |
| 2022 | $135,196 | $71,835 | $63,361 | — | — |