Plan Snapshot
- Plan Sponsor: Multi Drywall & Partition, LLC
- Sponsor EIN: 200440225
- Sponsor Address: 23761 RESEARCH DR., FARMINGTON, MI, 48335
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $4.8M
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 | 129 | $4.8M | $388,456 | $604,097 |
| 2023 | 146 | $3.4M | $177,090 | $492,980 |
| 2022 | 93 | $2.5M | $173,356 | $392,623 |
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 |
|---|---|---|---|---|
| NATIONWIDE | N/A | $17,123 | — | $17,123 |
| WEILANDER FITZHUGH | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — N/A
- WEILANDER FITZHUGH — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,123
- Estimated Expense Ratio: 0.357% 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 | $12,403 | — | $12,403 | — | — |
| 2023 | $41,544 | — | $30,544 | — | — |
| 2022 | $36,465 | — | $26,165 | — | — |