Plan Snapshot
- Plan Sponsor: Exotic Rubber & Plastics Corp.
- Sponsor EIN: 381784454
- Sponsor Address: 53500 GRAND RIVER AVENUE, NEW HUDSON, MI, 48165
- Plan Type: 401(k)
- Total Participants: 298
- Total Assets: $32.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 298 | $32.9M | $853,155 | $2.2M |
| 2023 | 267 | $27.7M | $1.1M | $1.9M |
| 2022 | 248 | $23.0M | $868,879 | $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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $23,103 | — | $23,103 |
| PLANTE & MORAN | Auditor | $21,675 | — | $21,675 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $10,478 | — | $10,478 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,256
- Estimated Expense Ratio: 0.168% 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 | $55,256 | $23,103 | — | $21,675 | — |
| 2023 | $50,208 | $22,455 | $1,200 | $17,400 | — |
| 2022 | $47,261 | $24,807 | — | — | — |