Plan Snapshot
- Plan Sponsor: Healthmark Industries Company
- Sponsor EIN: 382073977
- Sponsor Address: 18600 MALYN BLVD, FRASER, MI, 48026
- Plan Type: 401(k)
- Total Participants: 299
- Total Assets: $18.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 299 | $18.0M | $769,224 | $1.6M |
| 2023 | 305 | $18.7M | $822,205 | $1.6M |
| 2022 | 266 | $14.9M | $474,532 | $1.4M |
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 |
|---|---|---|---|---|
| COHEN & COMPANY, LTD. | 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 | $96,144 | — | $96,144 | — | — |
| 2023 | $76,654 | — | $76,654 | — | — |
| 2022 | $84,212 | — | $84,212 | — | — |