Plan Snapshot
- Plan Sponsor: Fabiano Brothers, INC.
- Sponsor EIN: 381887346
- Sponsor Address: 1885 BEVANDA COURT, BAY CITY, MI, 487068720
- Plan Type: 401(k)
- Total Participants: 237
- Total Assets: $34.5M
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 | 237 | $34.5M | $509,571 | $809,487 |
| 2023 | 235 | $30.9M | $535,339 | $819,815 |
| 2022 | 254 | $27.4M | $531,529 | $771,296 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | 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 | $76,511 | $32,560 | $43,951 | — | — |
| 2023 | $66,008 | $18,162 | $47,846 | — | — |
| 2022 | $66,140 | — | $66,140 | — | — |