Plan Snapshot
- Plan Sponsor: Joyson Safety Systems Acquisitions, LLC
- Sponsor EIN: 823781653
- Sponsor Address: 2500 INNOVATION DRIVE, AUBURN HILLS, MI, 48326
- Plan Type: 401(k)
- Total Participants: 965
- Total Assets: $365.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 965 | $365.8M | $3.1M | $8.2M |
| 2023 | 1,038 | $317.5M | $3.2M | $8.1M |
| 2022 | 1,116 | $283.3M | $3.4M | $8.5M |
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 |
|---|---|---|---|---|
| CLARK SCHAEFER HACKETT | Auditor | $24,750 | — | $24,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,750
- Estimated Expense Ratio: 0.007% 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 | -$60,463 | $43,634 | $2,100 | $24,750 | — |
| 2023 | -$90,184 | $50,631 | $600 | — | — |
| 2022 | -$130,963 | $51,620 | — | — | — |