Plan Snapshot
- Plan Sponsor: Norr LLC
- Sponsor EIN: 205159706
- Sponsor Address: 150 W. JEFFERSON AVE., DETROIT, MI, 48226
- Plan Type: 401(k)
- Total Participants: 246
- Total Assets: $27.7M
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 | 246 | $27.7M | $662,508 | $1.8M |
| 2023 | 234 | $22.8M | $639,230 | $1.8M |
| 2022 | 275 | $17.0M | $666,944 | $1.8M |
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 |
|---|---|---|---|---|
| CROWE LLP | 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 | $85,976 | $47,473 | — | — | — |
| 2023 | $67,816 | $36,385 | $300 | — | — |
| 2022 | $63,325 | — | — | — | — |