Plan Snapshot
- Plan Sponsor: Hagopian & Sons, INC.
- Sponsor EIN: 381573646
- Sponsor Address: 43223 W 12 MILE RD, NOVI, MI, 483773016
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 117 | $6.2M | $0 | $424,573 |
| 2023 | 128 | $5.8M | $0 | $386,227 |
| 2022 | 129 | $4.9M | $0 | $312,735 |
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 |
|---|---|---|---|---|
| JANZ & KNIGHT, PLC | 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 | $41,405 | — | $41,405 | — | — |
| 2023 | $35,676 | — | $35,676 | — | — |
| 2022 | $34,496 | — | $34,496 | — | — |