Plan Snapshot
- Plan Sponsor: Tooling Systems Group, INC.
- Sponsor EIN: 263899248
- Sponsor Address: 555 PLYMOUTH AVE NE, GRAND RAPIDS, MI, 49505
- Plan Type: 401(k)
- Total Participants: 468
- Total Assets: $40.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 468 | $40.9M | $885,176 | $2.8M |
| 2023 | 546 | $36.6M | $979,337 | $2.8M |
| 2022 | 482 | $32.0M | $800,769 | $2.5M |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS | ADVISOR | $49,633 | — | $49,633 |
| FIDELITY INVESTMENTS | RECORDKEEPER | $38,352 | — | $38,352 |
| STRATEGIC ADVISORS | ADVISOR | $5,326 | — | $5,326 |
| DK WEISS, HOLT & ASSOCIATES, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS — ADVISOR
- FIDELITY INVESTMENTS — RECORDKEEPER
- STRATEGIC ADVISORS — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,311
- Estimated Expense Ratio: 0.228% 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 | $94,265 | $55,913 | — | — | — |
| 2023 | $11,320 | — | $6,500 | — | — |
| 2022 | $38,123 | $9,352 | — | — | — |