Plan Snapshot
- Plan Sponsor: Tower Automotive Operations Usa I, LLC
- Sponsor EIN: 260440499
- Sponsor Address: 17757 WOODLAND DRIVE, NEW BOSTON, MI, 48164
- Plan Type: DB
- Total Participants: 279
- Total Assets: $108.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 279 | $108.8M | $579,564 | $0 |
| 2023 | 308 | $120.5M | $4.3M | $0 |
| 2022 | 345 | $124.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | $9,137 | — | $9,137 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,137
- Estimated Expense Ratio: 0.008% 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 | $2,427,767 | $15,171 | — | $9,137 | — |
| 2023 | $2,427,877 | $15,653 | $491,070 | $15,250 | — |
| 2022 | $1,812,013 | $8,895 | $10,500 | — | — |