Plan Snapshot
- Plan Sponsor: Federal Screw Works
- Sponsor EIN: 380533740
- Sponsor Address: 34846 GODDARD ROAD, ROMULUS, MI, 48174
- Plan Type: 401(k)
- Total Participants: 193
- Total Assets: $14.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 193 | $14.3M | $0 | $709,805 |
| 2023 | 183 | $13.6M | $0 | $651,378 |
| 2022 | 184 | $13.3M | $0 | $710,609 |
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 |
|---|---|---|---|---|
| CROWE, LLP | 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 | $55,223 | $17,429 | $31,173 | — | — |
| 2023 | $51,540 | $15,637 | $28,779 | — | — |
| 2022 | $53,973 | $9,321 | $44,652 | — | — |