Plan Snapshot
- Plan Sponsor: Royal Truck And Trailer Sales An
- Sponsor EIN: 382296769
- Sponsor Address: 311 E CADY ST, NORTHVILLE, MI, 48167
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $13.7M
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 | 175 | $13.7M | $443,178 | $1.1M |
| 2023 | 181 | $11.2M | $444,498 | $1.1M |
| 2022 | 139 | $3.6M | $270,445 | $618,870 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $9,818 | — | $9,818 |
| FENNER MELSTROM & DOOLING PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- FENNER MELSTROM & DOOLING PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,818
- Estimated Expense Ratio: 0.072% 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 |
|---|---|---|---|---|---|
| 2024 | $9,819 | $8,194 | — | — | — |
| 2023 | $10,703 | — | — | — | — |
| 2022 | $6,385 | — | — | — | — |