Plan Snapshot
- Plan Sponsor: Nederveld , INC
- Sponsor EIN: 382226643
- Sponsor Address: 217 GRANDVILLE AVE. STE 302, GRAND RAPIDS, MI, 49503
- Plan Type: 401(k)
- Total Participants: 253
- Total Assets: $22.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 253 | $22.7M | $613,981 | $1.9M |
| 2023 | 232 | $18.3M | $512,976 | $1.5M |
| 2022 | 199 | $14.6M | $434,908 | $1.3M |
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 |
|---|---|---|---|---|
| PLANTE MORAN | 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 | $78,817 | $21,930 | $1,580 | — | — |
| 2023 | $29,636 | $16,208 | — | — | — |
| 2022 | $23,656 | $5,820 | — | — | $17,836 |