Plan Snapshot
- Plan Sponsor: Nino Salvaggio Fruit & Vegetable Market Of Troy, INC.
- Sponsor EIN: 383202576
- Sponsor Address: 6835 ROCHESTER ROAD, TROY, MI, 48085
- Plan Type: 401(k)
- Total Participants: 755
- Total Assets: $11.3M
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 | 755 | $11.3M | $98,178 | $758,847 |
| 2023 | 711 | $9.5M | $88,050 | $722,405 |
| 2022 | 667 | $8.0M | $86,053 | $669,120 |
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 |
|---|---|---|---|---|
| GREGORY J SCHWARTZ & COMPANY INC | Investment Advisor | $36,008 | — | $36,008 |
| CAPITAL GROUP RETIREMENT PLAN SVCS. | Recordkeeper | $30,508 | — | $30,508 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,516
- Estimated Expense Ratio: 0.587% 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 | $66,516 | $36,008 | — | — | — |
| 2023 | $55,691 | $29,839 | — | — | — |
| 2022 | $54,177 | — | $54,177 | — | — |