Plan Snapshot
- Plan Sponsor: The Carswell Group, INC. Dba Independent Management Service
- Sponsor EIN: 382888423
- Sponsor Address: 14381 NORTH RD., FENTON, MI, 48430
- Plan Type: 401(k)
- Total Participants: 300
- Total Assets: $7.8M
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 | 300 | $7.8M | $286,429 | $610,021 |
| 2023 | 297 | $7.4M | $268,015 | $585,686 |
| 2022 | 274 | $6.2M | $239,189 | $520,318 |
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 |
|---|---|---|---|---|
| SCHREIBER ADVISORS, P.C. | 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 | $40,834 | — | — | — | — |
| 2023 | $43,592 | — | — | — | — |
| 2022 | $42,319 | — | — | — | $42,319 |