# Give Em A Brake Safety 401(k) Plan
Source: https://planprovider.pro/companies/give-em-a-brake-safety-401k-plan

> Give Em A Brake Safety&#39;s 401(k) plan: 263 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Give Em A Brake Safety

- **Sponsor EIN:** 810599050

- **Sponsor Address:** 2610 SANFORD AVENUE, GRANDVILLE, MI, 49418

- **Plan Type:** 401(k)

- **Total Participants:** 263

- **Total Assets:** $7.6M

## 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.|

| 2024|263|$7.6M|$445,757|$609,128|

| 2023|226|$6.5M|$360,228|$475,588|

| 2022|172|$4.9M|$273,784|$377,001|

## 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|

| ALERUS INVESTMENT ADVISORS, INC.|NONE|$30,921|—|$30,921|

| ALERUS FINANCIAL, N.A.|NONE|$17,824|—|$17,824|

| GRANT, MILLMAN & JOHNSON, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALERUS FINANCIAL, N.A.](https://planprovider.pro/provider/intellicents-inc) — NONE

- [GRANT, MILLMAN & JOHNSON, P.C.](https://planprovider.pro/provider/grant-millman-and-johnson-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $48,745

- **Estimated Expense Ratio:** 0.639% 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|$48,745|$30,921|—|—|—|

| 2023|$30,898|—|—|—|—|

| 2022|$29,150|$13,590|—|—|—|

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/give-em-a-brake-safety-401k-plan)

&copy; 2026 PlanProvider.Pro
