Plan Snapshot
- Plan Sponsor: Melling Tool Company
- Sponsor EIN: 381527270
- Sponsor Address: 2620 SARADAN DRIVE, JACKSON, MI, 492021188
- Plan Type: 401(k)
- Total Participants: 492
- Total Assets: $35.6M
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 | 492 | $35.6M | $928,330 | $2.0M |
| 2023 | 498 | $31.5M | $758,195 | $1.8M |
| 2022 | 670 | $28.2M | $674,126 | $1.6M |
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 | 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 | $79,128 | $19,994 | $59,134 | — | — |
| 2023 | $96,846 | $39,986 | $56,860 | — | — |
| 2022 | $88,726 | $39,993 | $48,733 | — | — |