Plan Snapshot
- Plan Sponsor: Signature Truck Systems, LLC
- Sponsor EIN: 473240941
- Sponsor Address: 13460 N SAGINAW RD, CLIO, MI, 484201017
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | $5.3M | $241,465 | $493,161 |
| 2023 | 163 | $4.3M | $222,818 | $443,831 |
| 2022 | 136 | $2.4M | $213,162 | $410,590 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $46,815 | — | $46,815 |
| EDWARD JONES | INVESTMENT ADVISORY | — | $17,747 | $17,747 |
| PLANCHECK CPA'S, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANCHECK CPA'S, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,562
- Estimated Expense Ratio: 1.213% 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 | $46,815 | — | $46,815 | — | — |
| 2023 | $38,888 | — | $38,888 | — | — |
| 2022 | $35,156 | — | $34,956 | — | $200 |