Plan Snapshot
- Plan Sponsor: National Food Group, INC.
- Sponsor EIN: 383027846
- Sponsor Address: 46820 MAGELLAN DR., SUITE A, NOVI, MI, 483772454
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $16.2M
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 | 133 | $16.2M | $474,890 | $1.3M |
| 2023 | 132 | $16.4M | $448,554 | $1.2M |
| 2022 | 130 | $12.7M | $345,773 | $1.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $66,264 | — | $66,264 |
| KESTRA INVESTMENT SERVICES LLC | OTHER SERVICES | — | $39,156 | $39,156 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES LLC — OTHER SERVICES
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,420
- Estimated Expense Ratio: 0.651% 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 | $66,265 | — | $66,265 | — | — |
| 2023 | $57,178 | — | $57,178 | — | — |
| 2022 | $51,072 | — | $51,072 | — | — |