Plan Snapshot
- Plan Sponsor: New Center Stamping, INC.
- Sponsor EIN: 383055366
- Sponsor Address: 950 E. MILWAUKEE AVENUE, DETROIT, MI, 482112008
- Plan Type: 401(k)
- Total Participants: 73
- Total Assets: $2.5M
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 | 73 | $2.5M | $74,870 | $253,317 |
| 2023 | 110 | $2.2M | $90,601 | $266,445 |
| 2022 | 132 | $1.7M | $98,375 | $304,015 |
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 | $20,985 | $11,607 | $9,378 | — | — |
| 2023 | $16,924 | $9,454 | $7,470 | — | — |
| 2022 | $16,340 | — | $16,340 | — | — |