Plan Snapshot
- Plan Sponsor: International Association Of Machinists
- Sponsor EIN: 382614719
- Sponsor Address: 700 TOWER DRIVE 300, TROY, MI, 480982808
- Plan Type: DC
- Total Participants: 406
- Total Assets: $64.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 406 | $64.7M | $294,724 | $593,663 |
| 2023 | 397 | $63.2M | $416,918 | $452,630 |
| 2022 | 489 | $58.2M | $479,640 | $398,232 |
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 |
|---|---|---|---|---|
| WRUBEL WESLEY AND COMPANY C.P.A.'S | Auditor | $15,250 | — | $15,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,250
- Estimated Expense Ratio: 0.024% 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 | $213,279 | $25,000 | — | $15,250 | — |
| 2023 | $191,208 | $6,250 | $120,756 | $13,805 | — |
| 2022 | $185,335 | — | $121,170 | — | $37,123 |