Plan Snapshot
- Plan Sponsor: Trimas Corporation
- Sponsor EIN: 382687639
- Sponsor Address: 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS, MI, 48304
- Plan Type: 401(k)
- Total Participants: 582
- Total Assets: $121.1M
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 | 582 | $121.1M | $2.3M | $6.1M |
| 2023 | 545 | $105.4M | $2.1M | $5.4M |
| 2022 | 466 | $90.8M | $1.6M | $4.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $92,665 | — | $92,665 |
| CONCURRENT INVESTMENT ADVISORS, LL | CONSULTANT | $21,214 | — | $21,214 |
| CROWE LLP | ACCOUNTANT/AUDITOR | $17,100 | — | $17,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $130,979
- Estimated Expense Ratio: 0.108% 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 | $130,979 | — | — | $17,100 | — |
| 2023 | $138,532 | — | — | $15,200 | — |
| 2022 | $108,484 | — | — | — | — |