Plan Snapshot
- Plan Sponsor: Light Metals Corporation
- Sponsor EIN: 381214489
- Sponsor Address: 2740 PRAIRIE SW, WYOMING, MI, 495196098
- Plan Type: DB
- Total Participants: 6
- Total Assets: $7.2M
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 | 6 | $7.2M | $217,509 | $0 |
| 2023 | 6 | $7.0M | $195,947 | $0 |
| 2022 | 7 | $6.6M | $151,868 | $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 |
|---|---|---|---|---|
| WATKINS ROSS | ACTUARY | $36,062 | — | $36,062 |
| ALLIANCE INVESTMENT MANAGEMENT | INVESTMENT ADVISOR | $22,076 | — | $22,076 |
| BANKERS TRUST | TRUSTEE | $20,545 | — | $20,545 |
| HUNGERFORD | AUDITOR | $10,500 | — | $10,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUNGERFORD — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,183
- Estimated Expense Ratio: 1.234% 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 | $89,183 | $22,076 | — | $10,500 | — |
| 2023 | $83,437 | $20,483 | — | — | — |
| 2022 | $83,489 | — | — | — | — |