Plan Snapshot
- Plan Sponsor: Griffin Beverage Company
- Sponsor EIN: 381861506
- Sponsor Address: 1901 DAM ROAD, WEST BRANCH, MI, 486619345
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $15.3M
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 | 113 | $15.3M | $176,351 | $359,365 |
| 2023 | 113 | $13.9M | $176,240 | $354,707 |
| 2022 | 110 | $11.9M | $183,397 | $348,949 |
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 |
|---|---|---|---|---|
| HUNTINGTON NATIONAL BANK | FINANCIAL ADVISOR | $36,196 | — | $36,196 |
| NEWPORT GROUP | RECORDKEEPER | $14,541 | — | $14,541 |
| WEINLANDER FITZHUGH | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEINLANDER FITZHUGH — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,737
- Estimated Expense Ratio: 0.331% 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 | $50,737 | $50,737 | — | — | — |
| 2023 | $48,604 | $48,604 | — | — | — |
| 2022 | $49,697 | $49,697 | — | — | — |