Plan Snapshot
- Plan Sponsor: Pridgeon & Clay, INC.
- Sponsor EIN: 381310157
- Sponsor Address: 50 COTTAGE GROVE SW, GRAND RAPIDS, MI, 49507
- Plan Type: 401(k)
- Total Participants: 582
- Total Assets: $55.7M
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 | 582 | $55.7M | $467,392 | $3.6M |
| 2023 | 681 | $53.8M | $487,772 | $3.8M |
| 2022 | 697 | $49.2M | $467,627 | $3.6M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
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 | $176,439 | $53,744 | — | — | — |
| 2023 | $144,634 | $49,360 | — | — | — |
| 2022 | $156,573 | $53,044 | $103,529 | — | — |