Plan Snapshot
- Plan Sponsor: Sweet Express, LLC
- Sponsor EIN: 200528673
- Sponsor Address: 3050 BRETON RD SE, GRAND RAPIDS, MI, 49512
- Plan Type: 401(k)
- Total Participants: 330
- Total Assets: $1.8M
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 | 330 | $1.8M | $0 | $377,345 |
| 2023 | 401 | $1.6M | $0 | $488,070 |
| 2022 | 422 | $1.5M | $0 | $516,017 |
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 |
|---|---|---|---|---|
| DOLINKA VANNOORD & COMPANY PLLP | Auditor | $10,480 | — | $10,480 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,480
- Estimated Expense Ratio: 0.587% 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 | $35,352 | $4,231 | $20,641 | $10,480 | — |
| 2023 | $41,722 | — | $31,742 | $9,980 | — |
| 2022 | $27,456 | — | $18,471 | — | $8,985 |