Plan Snapshot
- Plan Sponsor: Plum Market Corporation, INC.
- Sponsor EIN: 204043517
- Sponsor Address: 30777 NORTHWESTERN HIGHWAY, FARMINGTON HILLS, MI, 48334
- Plan Type: 401(k)
- Total Participants: 575
- Total Assets: $3.0M
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 | 575 | $3.0M | $65,179 | $577,672 |
| 2023 | 486 | $2.4M | $63,357 | $526,773 |
| 2022 | 504 | $1.7M | $59,250 | $484,239 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $15,211 | — | $15,211 |
| UHY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,211
- Estimated Expense Ratio: 0.508% 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 | $20,083 | — | — | — | — |
| 2023 | $3,452 | — | — | — | — |
| 2022 | $5,402 | — | — | — | — |