Plan Snapshot
- Plan Sponsor: Marposs Corporation
- Sponsor EIN: 131980259
- Sponsor Address: 3300 CROSS CREEK PKY., AUBURN HILLS, MI, 48326
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $40.9M
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 | 144 | $40.9M | $392,115 | $1.2M |
| 2023 | 129 | $34.6M | $347,230 | $1.0M |
| 2022 | 125 | $29.2M | $311,956 | $932,713 |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $10,242 | — | $10,242 |
| ANDREWS HOOPER PAVLIK PLC | ACCOUNTANT | $9,700 | — | $9,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- ANDREWS HOOPER PAVLIK PLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,942
- Estimated Expense Ratio: 0.049% 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 | $21,342 | $10,242 | — | $9,700 | — |
| 2023 | $10,586 | $9,561 | — | — | — |
| 2022 | $18,056 | $8,725 | — | — | — |