Plan Snapshot
- Plan Sponsor: Renk America LLC
- Sponsor EIN: 862456482
- Sponsor Address: 76 GETTY ST, MUSKEGON, MI, 49442
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 684
- Total Assets: $49.6M
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. |
|---|---|---|---|---|
| 2025 | 684 | $49.6M | $0 | $0 |
| 2024 | 408 | $33.3M | $2.2M | $4.0M |
| 2023 | 385 | $23.6M | $2.2M | $3.8M |
| 2022 | 360 | $11.2M | $1.8M | $3.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $59,127 | — | $59,127 |
| BAKERTILLY | Auditor | $15,959 | — | $15,959 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $14,685 | — | $14,685 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,771
- Estimated Expense Ratio: 0.181% 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 |
|---|---|---|---|---|---|
| 2025 | $3,004,335 | $14,685 | — | $15,959 | — |
| 2024 | $74,149 | $8,176 | — | $21,000 | — |
| 2023 | $58,422 | $4,150 | — | $10,852 | — |
| 2022 | $40,050 | $514 | — | — | — |