Plan Snapshot
- Plan Sponsor: Schuler Incorporated
- Sponsor EIN: 310628732
- Sponsor Address: 7145 COMMERCE BLVD, CANTON, MI, 48187
- Plan Type: 401(k)
- Total Participants: 212
- Total Assets: $26.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 212 | $26.1M | $782,200 | $1.5M |
| 2023 | 212 | $23.6M | $724,364 | $1.4M |
| 2022 | 192 | $20.4M | $659,424 | $1.4M |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP LLC | ADVISOR | $25,000 | — | $25,000 |
| MRPR GROUP P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP LLC — ADVISOR
- MRPR GROUP P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,000
- Estimated Expense Ratio: 0.096% 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 | $5,220 | $28,684 | — | — | — |
| 2023 | $8,616 | $23,792 | — | — | — |
| 2022 | -$1,765 | $4,255 | — | — | — |