Plan Snapshot
- Plan Sponsor: Spicer Group, INC.
- Sponsor EIN: 381612017
- Sponsor Address: 230 SOUTH WASHINGTON AVENUE, SAGINAW, MI, 48607
- Plan Type: 401(k)
- Total Participants: 305
- Total Assets: $54.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 305 | $54.1M | $2.6M | $2.6M |
| 2023 | 279 | $44.6M | $3.4M | $2.4M |
| 2022 | 248 | $34.4M | $412,875 | $2.1M |
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 | $165,382 | $117,631 | $3,585 | — | — |
| 2023 | $132,035 | $91,481 | $6,717 | — | — |
| 2022 | $143,541 | — | $36,890 | — | $106,651 |