Plan Snapshot
- Plan Sponsor: Stanco Metal Products, INC.
- Sponsor EIN: 380915585
- Sponsor Address: 2101 168TH AVE, GRAND HAVEN, MI, 494179396
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 243
- Total Assets: $8.9M
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. |
|---|---|---|---|---|
| 2025 | 243 | $8.9M | $0 | $0 |
| 2024 | 200 | $7.7M | $110,249 | $509,771 |
| 2023 | 198 | $6.7M | $101,752 | $517,933 |
| 2022 | 201 | $5.6M | $96,282 | $507,526 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Other Service Provider | $61,932 | — | $61,932 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,932
- Estimated Expense Ratio: 0.695% 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 |
|---|---|---|---|---|---|
| 2025 | $649,916 | $2 | $61,932 | — | — |
| 2024 | $54,972 | — | $54,972 | — | — |
| 2023 | $46,212 | — | $46,212 | — | — |
| 2022 | $48,766 | — | $48,766 | — | — |