Plan Snapshot
- Plan Sponsor: Labadie Auto Company
- Sponsor EIN: 381816512
- Sponsor Address: 711 SOUTH EUCLID AVENUE, BAY CITY, MI, 48708
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $8.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 139 | $8.6M | $97,245 | $614,936 |
| 2023 | 121 | $7.8M | $90,430 | $584,156 |
| 2022 | 115 | $7.1M | $89,240 | $563,119 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $61,275 | $54,945 | $6,330 | — | — |
| 2023 | $57,775 | $52,610 | $5,165 | — | — |
| 2022 | $56,586 | $52,208 | $4,378 | — | — |