Plan Snapshot
- Plan Sponsor: Nsk Americas, INC.
- Sponsor EIN: 382002916
- Sponsor Address: 4200 GOSS ROAD, ANN ARBOR, MI, 481134007
- Plan Type: 401(k)
- Total Participants: 1,678
- Total Assets: $280.6M
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 | 1,678 | $280.6M | $5.8M | $9.2M |
| 2023 | 1,797 | $253.5M | $5.7M | $9.0M |
| 2022 | 1,766 | $215.3M | $5.7M | $9.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $134,721 | — | $134,721 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $130,002 | — | $130,002 |
| WARNER NORCROSS AND JUDD LLP | ATTORNEY/LEGAL | $17,993 | — | $17,993 |
| PLANTE & MORAN PLLC | ACCOUNTANT/AUDITOR | $5,400 | — | $5,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WARNER NORCROSS AND JUDD LLP — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $288,116
- Estimated Expense Ratio: 0.103% 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 | $288,116 | $130,002 | $300 | $5,400 | — |
| 2023 | $144,204 | $109,900 | $900 | $18,450 | — |
| 2022 | $112,449 | $95,773 | — | — | — |