Plan Snapshot
- Plan Sponsor: Seaver Associates Leasing, INC.
- Sponsor EIN: 383585966
- Sponsor Address: 16900 HAYES STREET, GRAND HAVEN, MI, 49417
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 109 | $7.4M | $215,595 | $363,816 |
| 2023 | 101 | $6.2M | $254,222 | $424,651 |
| 2022 | 105 | $5.9M | $239,554 | $378,408 |
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 |
|---|---|---|---|---|
| BRICKLEY DELONG, 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 | $21,770 | — | — | — | — |
| 2023 | $15,352 | — | — | — | — |
| 2022 | $17,635 | $14,365 | — | — | — |