Plan Snapshot
- Plan Sponsor: Ptm Corporation
- Sponsor EIN: 381906661
- Sponsor Address: 6560 BETHUY RD, IRA, MI, 480231810
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $14.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 206 | $14.0M | $461,530 | $878,885 |
| 2023 | 217 | $12.6M | $482,558 | $793,943 |
| 2022 | 255 | $11.3M | $766,060 | $436,004 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | 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 | $70,893 | $32,687 | $37,346 | — | — |
| 2023 | $59,713 | $28,702 | $21,026 | — | — |
| 2022 | $49,064 | $27,817 | $21,247 | — | — |