Plan Snapshot
- Plan Sponsor: Nustep LLC
- Sponsor EIN: 383347347
- Sponsor Address: 47700 HALYARD DRIVE, PLYMOUTH, MI, 481702477
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $13.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 101 | $13.0M | $475,366 | $774,120 |
| 2023 | 87 | $11.6M | $451,200 | $752,778 |
| 2022 | 85 | $10.3M | $594,563 | $824,293 |
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 |
|---|---|---|---|---|
| BAKER TILLY US LLP | Auditor | $19,423 | — | $19,423 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,423
- Estimated Expense Ratio: 0.149% 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 | $68,273 | $24,517 | $24,333 | $19,423 | — |
| 2023 | $51,107 | $22,740 | $21,017 | $7,350 | — |
| 2022 | $70,763 | $28,003 | $24,261 | — | $18,499 |