Plan Snapshot
- Plan Sponsor: Oakley Industries Sub Assembly Division, INC.
- Sponsor EIN: 382552259
- Sponsor Address: 4333 MATTHEW DR, FLINT, MI, 485073160
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $10.3M
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 | 139 | $10.3M | $332,126 | $732,196 |
| 2023 | 142 | $9.2M | $337,592 | $756,454 |
| 2022 | 159 | $8.0M | $329,629 | $704,828 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $65,870 | — | $65,870 |
| STIFEL NICOLAUS & COMPANY INC | Investment Advisor | — | $20,785 | $20,785 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STIFEL NICOLAUS & COMPANY INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,655
- Estimated Expense Ratio: 0.845% 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 | $65,870 | — | $65,870 | — | — |
| 2023 | $55,871 | — | $55,871 | — | — |
| 2022 | $63,279 | — | $63,279 | — | — |