Plan Snapshot
- Plan Sponsor: Hardings Markets-West, INC.
- Sponsor EIN: 382757294
- Sponsor Address: 211 BANNISTER, SUITE E, PLAINWELL, MI, 49080
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $8.1M
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 | 226 | $8.1M | $74,733 | $354,931 |
| 2023 | 179 | $7.8M | $74,370 | $363,973 |
| 2022 | 193 | $6.8M | $75,427 | $363,497 |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN | CUSTODIANS | $37,591 | — | $37,591 |
| SCHUHARDT CHAMBERLAIN & MOHR, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,591
- Estimated Expense Ratio: 0.465% 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 | $37,591 | $37,591 | — | — | — |
| 2023 | $17,230 | $17,230 | — | — | — |
| 2022 | $15,285 | $15,285 | — | — | — |