Plan Snapshot
- Plan Sponsor: Patton Wings, INC.
- Sponsor EIN: 030606420
- Sponsor Address: 13405 WEST STAR DRIVE, SHELBY TOWNSHIP, MI, 48315
- Plan Type: 401(k)
- Total Participants: 4,413
- Total Assets: $14.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 4,413 | $14.0M | $563,313 | $1.1M |
| 2023 | 4,122 | $11.9M | $485,820 | $951,337 |
| 2022 | 2,954 | $10.1M | $424,568 | $874,113 |
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 |
|---|---|---|---|---|
| HUNGERFORD | Auditor | $17,900 | — | $17,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUNGERFORD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,900
- Estimated Expense Ratio: 0.128% 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 | $81,872 | $6,264 | $600 | $17,900 | — |
| 2023 | $74,141 | $6,876 | $3,196 | $19,900 | — |
| 2022 | $116,371 | $9,124 | $85,239 | — | $22,008 |