Plan Snapshot
- Plan Sponsor: Perfecto Industries, INC.
- Sponsor EIN: 311034000
- Sponsor Address: 1567 CALKINS DRIVE, GAYLORD, MI, 49735
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $19.7M
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 | 94 | $19.7M | $462,115 | $605,002 |
| 2023 | 102 | $18.0M | $519,710 | $608,006 |
| 2022 | 101 | $14.7M | $506,036 | $615,793 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | ACCOUNTANT/AUDITOR | $24,955 | — | $24,955 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,955
- Estimated Expense Ratio: 0.126% 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 | $28,133 | $2,878 | — | $24,955 | — |
| 2023 | $2,684 | $2,520 | — | — | — |
| 2022 | $1,618 | $1,493 | — | — | — |