Plan Snapshot
- Plan Sponsor: National Bulk Equipment, INC.
- Sponsor EIN: 382120303
- Sponsor Address: 12838 STAINLESS, HOLLAND, MI, 49424
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $14.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 247 | $14.1M | $329,899 | $1.2M |
| 2023 | 224 | $11.2M | $357,901 | $1.0M |
| 2022 | 212 | $9.0M | $222,161 | $918,024 |
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 |
|---|---|---|---|---|
| MEYAARD TOLMAN & VENLET 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 | $112,721 | $64,174 | $43,110 | — | — |
| 2023 | $97,323 | $49,935 | $36,621 | — | — |
| 2022 | $95,102 | $43,330 | $33,184 | — | $18,588 |