Plan Snapshot
- Plan Sponsor: Greenmark Equipment, LLC
- Sponsor EIN: 382221695
- Sponsor Address: 4098 M-40, HOLLAND, MI, 49423
- Plan Type: 401(k)
- Total Participants: 444
- Total Assets: $43.5M
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 | 444 | $43.5M | $875,776 | $1.9M |
| 2023 | 354 | $38.0M | $794,142 | $1.8M |
| 2022 | 343 | $32.5M | $910,296 | $1.6M |
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 |
|---|---|---|---|---|
| KIEKOVER, SCHOLMA, & SCHUMAKER, | 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 | $148,670 | $16,401 | — | — | — |
| 2023 | $135,469 | $14,005 | — | — | — |
| 2022 | $141,618 | $13,818 | $127,800 | — | — |