Plan Snapshot
- Plan Sponsor: Platinum Equity, LLC
- Sponsor EIN: 954666134
- Sponsor Address: 360 N. CRESCENT DR., BEVERLY HILLS, CA, 90210
- Plan Type: 401(k)
- Total Participants: 484
- Total Assets: $313.1M
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 | 484 | $313.1M | $2.2M | $7.1M |
| 2023 | 451 | $269.0M | $1.8M | $6.4M |
| 2022 | 420 | $230.5M | $1.7M | $5.3M |
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 |
|---|---|---|---|---|
| RPA FINANCIAL, LLC | CONSULTANT | $40,000 | — | $40,000 |
| PLANTE & MORAN, PLLC | ACCOUNTANT/AUDITOR | $21,500 | — | $21,500 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $17,893 | — | $17,893 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $7,277 | — | $7,277 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — ACCOUNTANT/AUDITOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,670
- Estimated Expense Ratio: 0.028% 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 | $86,670 | $17,893 | — | $21,500 | — |
| 2023 | $109,128 | $52,278 | $300 | $20,500 | — |
| 2022 | -$25,799 | $5,746 | — | — | — |