# Prefix Corporation 401(k) Plan
Source: https://planprovider.pro/companies/prefix-corporation-401k-plan

> Prefix Corporation&#39;s 401(k) plan: 175 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Prefix Corporation

- **Sponsor EIN:** 382334997

- **Sponsor Address:** 1400 S LIVERNOIS RD, ROCHESTER HILLS, MI, 483073362

- **Plan Type:** 401(k)

- **Total Participants:** 175

- **Total Assets:** $10.0M

## 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|175|$10.0M|$225,674|$786,300|

| 2023|219|$8.6M|$261,927|$936,604|

| 2022|281|$8.0M|$227,333|$1.0M|

## 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|

| DERDERIAN, KANN, SEYFERTH & SALUCCI|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|$29,750|$22,298|$6,592|—|—|

| 2023|$30,160|$20,042|$9,258|—|—|

| 2022|$25,875|$22,254|$3,621|—|—|

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