Plan Snapshot
- Plan Sponsor: Shoreline Power Services, INC.
- Sponsor EIN: 455250321
- Sponsor Address: 6724 EAST RAILWAY COMMONS, WILLIAMSBURG, MI, 49690
- Plan Type: 401(k)
- Total Participants: 142
- Total Assets: $5.1M
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 | 142 | $5.1M | $317,710 | $557,825 |
| 2023 | 114 | $3.6M | $248,885 | $431,203 |
| 2022 | 112 | $2.5M | $175,324 | $295,417 |
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 |
|---|---|---|---|---|
| DGN, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DGN, LLC — Auditor
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 | $2,120 | — | $2,120 | — | — |
| 2023 | $1,780 | — | $1,780 | — | — |
| 2022 | $3,790 | — | — | — | $3,790 |