Plan Snapshot
- Plan Sponsor: Safety Technology Holdings, INC.
- Sponsor EIN: 300596252
- Sponsor Address: 23300 HAGGERTY ROAD, FARMINGTON HILLS, MI, 48335
- Plan Type: 401(k)
- Total Participants: 450
- Total Assets: $55.1M
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 | 450 | $55.1M | $787,786 | $2.6M |
| 2023 | 399 | $49.9M | $552,356 | $2.4M |
| 2022 | 393 | $43.1M | $704,581 | $2.2M |
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 | $89,494 | $77,282 | $12,212 | — | — |
| 2023 | $78,247 | $68,673 | $9,574 | — | — |
| 2022 | $72,273 | $68,067 | $3,801 | — | $405 |