Plan Snapshot
- Plan Sponsor: Flat Rock Metal
- Sponsor EIN: 382372307
- Sponsor Address: 26601 WEST HURON RIVER DRIVE, FLAT ROCK, MI, 48134
- Plan Type: 401(k)
- Total Participants: 385
- Total Assets: $30.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 385 | $30.0M | $694,617 | $2.0M |
| 2023 | 416 | $28.2M | $763,734 | $2.0M |
| 2022 | 416 | $26.4M | $747,187 | $1.9M |
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 |
|---|---|---|---|---|
| PLANTE MORAN | 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 | $114,980 | — | $24,438 | — | — |
| 2023 | $119,583 | — | $117,708 | — | — |
| 2022 | $121,661 | — | $119,611 | — | — |