Plan Snapshot
- Plan Sponsor: Medler Electric Company
- Sponsor EIN: 381655673
- Sponsor Address: 2155 REDMAN DRIVE, ALMA, MI, 48801
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $25.3M
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 | 127 | $25.3M | $1.8M | $0 |
| 2023 | 135 | $23.1M | $1.8M | $0 |
| 2022 | 138 | $19.5M | $1.6M | $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 |
|---|---|---|---|---|
| PNC INSTITUTIONAL ASSET MANAGEMENT | Investment Advisor | $18,403 | — | $18,403 |
| RAYMOND JAMES & ASSOCIATES, INC. | Investment Advisor | $14,254 | — | $14,254 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,657
- Estimated Expense Ratio: 0.129% 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 | $37,766 | $32,554 | — | — | — |
| 2023 | $37,684 | $32,472 | — | — | — |
| 2022 | $37,520 | $32,308 | — | — | — |