Plan Snapshot
- Plan Sponsor: Triangle Associates INC A Michigan Corporation
- Sponsor EIN: 381719773
- Sponsor Address: 3769 THREE MILE ROAD NW, GRAND RAPIDS, MI, 495341233
- Plan Type: 401(k)
- Total Participants: 100
- Total Assets: $15.0M
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 | 100 | $15.0M | $218,644 | $767,790 |
| 2023 | 99 | $13.2M | $238,415 | $716,051 |
| 2022 | 81 | $11.1M | $191,192 | $609,802 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $26,819 | — | $26,819 |
| ROCKEFELLER CAPITAL MANAGEMENT | Investment Advisor | $19,660 | $5 | $19,665 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $7,521 | $5 | $7,526 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,010
- Estimated Expense Ratio: 0.360% 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 | $54,007 | $23,425 | $26,820 | — | — |
| 2023 | $40,587 | $2,885 | $34,817 | — | — |
| 2022 | $45,173 | — | $45,173 | — | — |