# New Center Stamping, INC. 401(k) Plan
Source: https://planprovider.pro/companies/new-center-stamping-inc-401k-plan

> New Center Stamping, INC.&#39;s 401(k) plan: 73 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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