Plan Snapshot
- Plan Sponsor: Rowe, INC.
- Sponsor EIN: 381867099
- Sponsor Address: 540 SOUTH SAGINAW STREET SUITE 200, FLINT, MI, 48502
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $31.0M
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 | 226 | $31.0M | $761,131 | $2.1M |
| 2023 | 214 | $26.6M | $652,362 | $1.7M |
| 2022 | 199 | $22.6M | $591,493 | $1.5M |
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 |
|---|---|---|---|---|
| PLANTE MORAN, 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 | $61,751 | $41,005 | — | — | — |
| 2023 | $54,765 | $34,989 | — | — | — |
| 2022 | $56,212 | — | $56,212 | — | — |