Plan Snapshot
- Plan Sponsor: Tribar Manufacturing, LLC
- Sponsor EIN: 383251472
- Sponsor Address: 211 GRAND COMMERCE DRIVE, HOWELL, MI, 48855
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 328
- Total Assets: $6.9M
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 | 328 | $6.9M | $328,558 | $555,277 |
| 2023 | 372 | $6.3M | $341,280 | $597,028 |
| 2022 | 391 | $6.1M | $404,846 | $680,557 |
| 2021 | 460 | $7.8M | $469,433 | $756,959 |
| 2020 | 418 | $6.1M | $390,151 | $575,849 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $5,950 | — | $5,950 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,950
- Estimated Expense Ratio: 0.087% 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 | $24,490 | $5,151 | — | — | — |
| 2023 | $12,650 | — | $12,650 | — | — |
| 2022 | $14,790 | — | $14,790 | — | — |
| 2021 | $13,900 | — | $13,900 | — | — |
| 2020 | $7,350 | — | $7,350 | — | — |