Plan Snapshot
- Plan Sponsor: Family Heating Company INC
- Sponsor EIN: 381952447
- Sponsor Address: 30210 FORD RD, GARDEN CITY, MI, 481352371
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 127
- Total Assets: $10.1M
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. |
|---|---|---|---|---|
| 2025 | 127 | $10.1M | $128,912 | $369,424 |
| 2024 | 123 | $9.2M | $101,199 | $360,931 |
| 2023 | 109 | $7.6M | $101,199 | $299,793 |
| 2022 | 114 | $6.3M | $94,774 | $271,502 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER | Investment Advisor | $14,872 | — | $14,872 |
| PAYCHEX, INC. | Recordkeeper | $12,909 | — | $12,909 |
| MERRILL LYNCH, PIERCE, FENNER AND S | Investment Advisor | — | $9,548 | $9,548 |
| ERISA FIDUCIARY SERVICES, INC. | Recordkeeper | $6,570 | — | $6,570 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,899
- Estimated Expense Ratio: 0.436% 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 |
|---|---|---|---|---|---|
| 2025 | $1,103,557 | — | — | — | — |
| 2024 | $40,772 | — | — | — | — |
| 2023 | $28,273 | — | — | — | — |
| 2022 | $23,036 | $9,450 | $13,586 | — | — |