Plan Snapshot
- Plan Sponsor: Princeton Acquisition, LLC
- Sponsor EIN: 383574888
- Sponsor Address: 26600 TELEGRAPH ROAD, SOUTHFIELD, MI, 48033
- Plan Type: 401(k)
- Total Participants: 578
- Total Assets: $9.3M
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 | 578 | $9.3M | $0 | $1.4M |
| 2023 | 640 | $7.9M | $0 | $1.2M |
| 2022 | 631 | $5.7M | $0 | $992,230 |
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 |
|---|---|---|---|---|
| CARNAGHI & SCHWARK, PLLC | 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 | $91,054 | — | $91,054 | — | — |
| 2023 | $46,315 | — | $46,315 | — | — |
| 2022 | $20,177 | — | $20,177 | — | — |