Plan Snapshot
- Plan Sponsor: Northgate Property Services, LLC
- Sponsor EIN: 453462606
- Sponsor Address: 38 COMMERCE AVE SW, GRAND RAPIDS, MI, 49503
- Plan Type: 401(k)
- Total Participants: 556
- Total Assets: $4.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 556 | $4.7M | $256,718 | $643,933 |
| 2023 | 547 | $3.3M | $209,250 | $625,269 |
| 2022 | 471 | $2.4M | $184,723 | $468,807 |
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, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
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 | $44,405 | $16,444 | $27,961 | — | — |
| 2023 | $33,335 | $12,516 | $20,819 | — | — |
| 2022 | $28,054 | $11,034 | $17,020 | — | — |