Plan Snapshot
- Plan Sponsor: High Grade Materials Company
- Sponsor EIN: 381746621
- Sponsor Address: 9266 SNOWS LAKE ROAD, GREENVILLE, MI, 488388753
- Plan Type: 401(k)
- Total Participants: 358
- Total Assets: $14.9M
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 | 358 | $14.9M | $525,395 | $1.4M |
| 2023 | 334 | $12.9M | $458,227 | $1.2M |
| 2022 | 332 | $11.2M | $382,600 | $1.0M |
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 |
|---|---|---|---|---|
| PLANTE MORAN, PLLC | 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 | $75,508 | — | — | — | — |
| 2023 | $70,305 | $28,895 | $27,830 | — | — |
| 2022 | $70,684 | $28,277 | $30,479 | — | — |