Plan Snapshot
- Plan Sponsor: Rowerdink, INC.
- Sponsor EIN: 380514520
- Sponsor Address: 211 FULLER AVE NE, GRAND RAPIDS, MI, 495033658
- Plan Type: 401(k)
- Total Participants: 148
- Total Assets: $8.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 148 | $8.6M | $116,089 | $335,889 |
| 2023 | 141 | $9.2M | $129,234 | $355,854 |
| 2022 | 129 | $8.2M | $125,251 | $348,472 |
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 |
|---|---|---|---|---|
| SCHUHARDT, CHAMBERLAIN & MOHR, PC | 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 | $2,018 | — | $2,018 | — | — |
| 2023 | $2,084 | — | $2,084 | — | — |
| 2022 | $1,179 | — | $1,179 | — | — |