# Mike Schaap Builders, INC. 401(k) Plan
Source: https://planprovider.pro/companies/mike-schaap-builders-inc-plan

> Mike Schaap Builders, INC.'s 401(k) plan: 97 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mike Schaap Builders, INC.

- **Sponsor EIN:** 382853965

- **Sponsor Address:** 12969 GREENLY ST, HOLLAND, MI, 494247283

- **Plan Type:** 401(k)

- **Total Participants:** 97

- **Total Assets:** $7.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **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|97|$7.3M|$232,461|$516,607|

| 2023|104|$6.2M|$233,319|$508,235|

| 2022|126|$4.9M|$220,573|$457,787|

## 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|

| DELONG & BROWER PC|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|$11,886|—|$11,886|—|—|

| 2023|$33,968|—|$33,968|—|—|

| 2022|—|—|—|—|—|

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