Plan Snapshot
- Plan Sponsor: Granger Construction Company
- Sponsor EIN: 381620255
- Sponsor Address: 6267 AURELIUS ROAD, LANSING, MI, 48911
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $65.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 295 | $65.6M | $2.9M | $2.6M |
| 2023 | 345 | $53.4M | $2.5M | $2.4M |
| 2022 | 314 | $42.1M | $2.4M | $2.2M |
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 | $11,600 | — | $11,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,600
- Estimated Expense Ratio: 0.018% 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 | $98,399 | — | — | $11,600 | — |
| 2023 | $62,070 | — | — | $15,000 | — |
| 2022 | $74,295 | — | — | — | — |