Plan Snapshot
- Plan Sponsor: Petoskey Plastics, INC.
- Sponsor EIN: 381913723
- Sponsor Address: 1 PETOSKEY ST, PETOSKEY, MI, 497702480
- Plan Type: 401(k)
- Total Participants: 529
- Total Assets: $23.9M
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 | 529 | $23.9M | $832,068 | $1.7M |
| 2023 | 463 | $20.9M | $709,172 | $1.6M |
| 2022 | 428 | $17.8M | $651,398 | $1.5M |
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 |
|---|---|---|---|---|
| COHEN AND COMPANY LTD. | 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 | $119,689 | $24,226 | — | — | — |
| 2023 | $122,809 | $34,776 | — | — | — |
| 2022 | $116,281 | $35,881 | — | — | $80,400 |