Plan Snapshot
- Plan Sponsor: International Transmission Company
- Sponsor EIN: 810596181
- Sponsor Address: 27175 ENERGY WAY, NOVI, MI, 48377
- Plan Type: DB
- Total Participants: 789
- Total Assets: $149.3M
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 | 789 | $149.3M | $3.9M | $0 |
| 2023 | 750 | $137.6M | $3.7M | $0 |
| 2022 | 728 | $120.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $72,759 | — | $72,759 |
| INSTITUTIONAL INVESTMENT CONSULTING | CONSULTANT | $50,000 | — | $50,000 |
| WILLIS TOWERS WATSON US LLC | ACTUARY | $41,000 | — | $41,000 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- WILLIS TOWERS WATSON US LLC — ACTUARY
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $163,759
- Estimated Expense Ratio: 0.110% 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 | $163,759 | $50,000 | — | — | — |
| 2023 | $163,595 | $50,000 | — | — | — |
| 2022 | $163,575 | $71,970 | — | — | $91,605 |