Plan Snapshot
- Plan Sponsor: Newkirk Electric Associates, INC.
- Sponsor EIN: 381717811
- Sponsor Address: 1875 ROBERTS STREET, MUSKEGON, MI, 494426032
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $36.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 154 | $36.4M | $2.0M | $957,435 |
| 2023 | 155 | $30.6M | $1.8M | $897,023 |
| 2022 | 127 | $26.0M | $908,483 | $806,327 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | 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 | $46,679 | $31,083 | — | — | — |
| 2023 | $40,094 | $26,807 | — | — | — |
| 2022 | $38,442 | $25,738 | — | — | — |