Plan Snapshot
- Plan Sponsor: The Paslin Company
- Sponsor EIN: 381794102
- Sponsor Address: 25303 RYAN ROAD, WARREN, MI, 48091
- Plan Type: 401(k)
- Total Participants: 393
- Total Assets: $51.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 393 | $51.1M | $1.7M | $3.6M |
| 2023 | 481 | $44.9M | $1.2M | $3.6M |
| 2022 | 401 | $40.4M | $1.0M | $3.2M |
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 ANNUITY INSURANCE COMPANY | RECORDKEEPER | $69,978 | — | $69,978 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $56,373 | — | $56,373 |
| JANZ & KNIGHT | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,351
- Estimated Expense Ratio: 0.247% 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 | $126,351 | $56,373 | — | — | — |
| 2023 | $95,273 | $40,352 | — | — | — |
| 2022 | $128,469 | $115,034 | $13,435 | — | — |