Plan Snapshot
- Plan Sponsor: Kelsey-Hayes Company
- Sponsor EIN: 611462969
- Sponsor Address: 15811 CENTENNIAL DRIVE, NORTHVILLE, MI, 48168
- Plan Type: 401(k)
- Total Participants: 569
- Total Assets: $39.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 569 | $39.8M | $918,839 | $1.9M |
| 2023 | 905 | $43.2M | $1.3M | $2.6M |
| 2022 | 1,000 | $37.8M | $1.2M | $2.7M |
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 | Auditor | $27,250 | — | $27,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,250
- Estimated Expense Ratio: 0.069% 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 | $111,877 | $11,902 | — | $27,250 | — |
| 2023 | $70,320 | $22,024 | — | $2,000 | — |
| 2022 | $108,483 | $9,823 | — | — | — |