Plan Snapshot
- Plan Sponsor: Garber Management Group, INC.
- Sponsor EIN: 381280515
- Sponsor Address: 999 SOUTH WASHINGTON AVENUE, SAGINAW, MI, 48601
- Plan Type: 401(k)
- Total Participants: 2,211
- Total Assets: $126.5M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,211 | $126.5M | $3.8M | $10.1M |
| 2023 | 2,237 | $107.0M | $3.7M | $9.9M |
| 2022 | 2,025 | $87.6M | $3.6M | $9.4M |
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 |
|---|---|---|---|---|
| AMERICAN TRUST COMPANY | CONTRACT ADMIN | $195,185 | — | $195,185 |
| MICHAEL T. STELTER & ASSOCIATES | INVESTMENT ADVISOR | $134,242 | — | $134,242 |
| YEO & YEO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YEO & YEO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $329,427
- Estimated Expense Ratio: 0.261% 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 | $373,328 | — | — | — | — |
| 2023 | $292,368 | — | — | — | — |
| 2022 | $241,369 | $104,236 | $137,133 | — | — |