Plan Snapshot
- Plan Sponsor: Jing-Jin Electric North America,
- Sponsor EIN: 990379090
- Sponsor Address: 34700 GRAND RIVER AVE, FARMINGTON HILLS, MI, 48335
- Plan Type: 401(k)
- Total Participants: 128
- Total Assets: $3.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 128 | $3.9M | $320,483 | $848,328 |
| 2023 | 163 | $3.0M | $327,268 | $719,245 |
| 2022 | 115 | $1.8M | $237,709 | $569,615 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $22,288 | — | $22,288 |
| RESOURCES INVESTMENT ADVISORS, INC. | Recordkeeper | $7,989 | — | $7,989 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- RESOURCES INVESTMENT ADVISORS, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,277
- Estimated Expense Ratio: 0.771% 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 | $30,278 | $17,693 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |