Plan Snapshot
- Plan Sponsor: H.W. Kaufman Financial Group
- Sponsor EIN: 381903339
- Sponsor Address: 30833 NORTHWESTERN HWY, FARMINGTON HILLS, MI, 48334
- Plan Type: 401(k)
- Total Participants: 1,440
- Total Assets: $155.5M
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 | 1,440 | $155.5M | $3.9M | $12.5M |
| 2023 | 1,397 | $136.5M | $3.2M | $11.6M |
| 2022 | 1,514 | $116.7M | $3.1M | $10.6M |
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 |
|---|---|---|---|---|
| DERDERIAN, KANN, SEYFERTH & SALUCCI | 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 | $385,684 | — | $385,684 | — | — |
| 2023 | $258,644 | — | $258,644 | — | — |
| 2022 | $131,975 | — | $131,975 | — | — |