Plan Snapshot
- Plan Sponsor: Fraunhofer Usa, INC.
- Sponsor EIN: 383203030
- Sponsor Address: 44792 HELM STREET, PLYMOUTH, MI, 481706080
- Plan Type: DC
- Total Participants: 117
- Total Assets: $44.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 117 | $44.0M | $1.2M | $0 |
| 2023 | 118 | $38.4M | $974,931 | $0 |
| 2022 | 128 | $32.1M | $1.2M | $0 |
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, PLLC | NONE KNOWN | $16,600 | — | $16,600 |
| TIAA | NONE KNOWN | $8,631 | — | $8,631 |
| CAPFINANCIAL PARTNERS, LLC | NONE KNOWN | $7,959 | — | $7,959 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — NONE KNOWN
- TIAA — NONE KNOWN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,190
- Estimated Expense Ratio: 0.075% 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 | $36,049 | $7,959 | $8,631 | $16,600 | — |
| 2023 | $34,993 | $10,404 | $7,569 | $13,675 | — |
| 2022 | $39,042 | $7,600 | $7,819 | — | $23,623 |