Plan Snapshot
- Plan Sponsor: Original Footwear Manufacturin
- Sponsor EIN: 822527527
- Sponsor Address: 1005 BALDWIN ST, BIG RAPIDS, MI, 493071119
- Plan Type: 401(k)
- Total Participants: 195
- Total Assets: $3.2M
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 | 195 | $3.2M | $73,275 | $221,760 |
| 2023 | 193 | $2.9M | $0 | $135,397 |
| 2022 | 226 | $3.0M | $0 | $219,522 |
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 |
|---|---|---|---|---|
| CRAINE THOMPSON AND JONES PC | Auditor | — | — | $0 |
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 | $17,959 | $1,548 | $15,551 | — | — |
| 2023 | $8,250 | $335 | $7,485 | — | — |
| 2022 | $32,299 | — | $22,752 | — | $9,547 |