Plan Snapshot
- Plan Sponsor: Orbitform Group, LLC
- Sponsor EIN: 383626671
- Sponsor Address: 1600 EXECUTIVE DR, JACKSON, MI, 492033469
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $11.8M
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 | 87 | $11.8M | $193,394 | $633,142 |
| 2023 | 92 | $11.3M | $195,397 | $583,247 |
| 2022 | 96 | $8.8M | $231,144 | $648,936 |
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 |
|---|---|---|---|---|
| JACK V BUTTERFIELD INVESTMENT CO | ADVISOR | $27,642 | — | $27,642 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $17,141 | — | $17,141 |
| BOND & COMPANY, PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BOND & COMPANY, PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,783
- Estimated Expense Ratio: 0.380% 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 | $47,354 | $30,213 | — | — | — |
| 2023 | $39,895 | $24,973 | — | — | — |
| 2022 | $48,556 | $1,441 | — | — | — |