Plan Snapshot
- Plan Sponsor: Mdi Acquisitions, INC.
- Sponsor EIN: 812759912
- Sponsor Address: 500 STEPHENSON HIGHWAY, TROY, MI, 48083
- Plan Type: 401(k)
- Total Participants: 436
- Total Assets: $30.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 436 | $30.3M | $264,920 | $1.8M |
| 2023 | 452 | $29.7M | $321,909 | $1.8M |
| 2022 | 453 | $24.9M | $307,341 | $1.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $44,346 | $2,850 | $47,196 |
| PINNACLE PENSION | INVESTMENT ADVISORY | $22,497 | — | $22,497 |
| CARON & BLETZER, PLLC | ACCOUNTANT | $9,514 | $11,431 | $20,945 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,638
- Estimated Expense Ratio: 0.300% 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 | $76,357 | $22,497 | $44,346 | $9,514 | — |
| 2023 | $68,943 | $21,997 | $35,946 | $11,000 | — |
| 2022 | $74,187 | $34,127 | $36,493 | — | $3,567 |