Plan Snapshot
- Plan Sponsor: Sprinkler Fitters And Apprentices Local 704
- Sponsor EIN: 352328542
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 489172131
- Plan Type: 401(k)
- Total Participants: 502
- Total Assets: $98.3M
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 | 502 | $98.3M | $6.9M | $0 |
| 2023 | 495 | $85.7M | $6.9M | $0 |
| 2022 | 538 | $71.3M | $5.6M | $0 |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $207,580 | — | $207,580 |
| SPRINKLER FITTERS & APPRENTICES DC | PLAN | $143,130 | — | $143,130 |
| EMPOWER ANNUITY INS. CO. OF AMERICA | RECORDKEEPER | $58,440 | — | $58,440 |
| ASHER KELLY | NONE | $50,735 | — | $50,735 |
| MERRILL LYNCH WEALTH MANAGEMENT | INVESTMENT ADVISOR | $50,000 | — | $50,000 |
| TIC INTERNATIONAL CORPORATION | NONE | $31,100 | — | $31,100 |
| WALTER, BOESKY & ASSOCIATES PC | NONE | $15,200 | — | $15,200 |
| MASSACHUSETTS MUTUAL LIFE INSURANCE | CONTRACT ADMINISTRATOR | $14,889 | — | $14,889 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $571,074
- Estimated Expense Ratio: 0.581% 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 | $379,135 | $50,000 | $31,100 | $15,200 | — |
| 2023 | $328,691 | $40,000 | $30,000 | $12,440 | — |
| 2022 | $167,524 | $40,000 | $30,000 | — | $42,361 |