Plan Snapshot
- Plan Sponsor: Preston Feather Building Centers
- Sponsor EIN: 382260592
- Sponsor Address: 900 SPRING STREET, PETOSKEY, MI, 497702855
- Plan Type: 401(k)
- Total Participants: 118
- Total Assets: $9.3M
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 | 118 | $9.3M | $236,936 | $706,365 |
| 2023 | 117 | $8.9M | $229,399 | $686,816 |
| 2022 | 114 | $7.2M | $212,996 | $637,538 |
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 |
|---|---|---|---|---|
| GREENLEAF TRUST | Custodian / Trustee | $46,646 | — | $46,646 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,646
- Estimated Expense Ratio: 0.499% 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 | $46,646 | $35,997 | — | — | — |
| 2023 | $39,005 | $30,921 | — | — | — |
| 2022 | $37,118 | — | $37,118 | — | — |