Plan Snapshot
- Plan Sponsor: Engineered Protection Systems INC
- Sponsor EIN: 381844884
- Sponsor Address: 750 FRONT STREET NW, GRAND RAPIDS, MI, 49504
- Plan Type: 401(k)
- Total Participants: 259
- Total Assets: $18.9M
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 | 259 | $18.9M | $206,031 | $1.2M |
| 2023 | 223 | $16.7M | $184,193 | $1.1M |
| 2022 | 212 | $14.5M | $172,528 | $1.1M |
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 |
|---|---|---|---|---|
| BRICKLEY DELONG, PC | 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 | $76,336 | $35,124 | — | — | — |
| 2023 | $65,281 | $29,480 | — | — | — |
| 2022 | $67,206 | — | — | — | — |