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: 1,590
- Total Assets: $84.9M
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 | 1,590 | $84.9M | $2.8M | $6.2M |
| 2023 | 1,517 | $77.3M | $2.5M | $5.7M |
| 2022 | 1,211 | $62.3M | $2.0M | $5.0M |
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 | $181,148 | — | $181,148 |
| CONCURRENT INVESTMENT ADVISORS, LL | CONSULTANT | $50,787 | — | $50,787 |
| 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: $249,035
- Estimated Expense Ratio: 0.293% 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 | $249,035 | — | — | $17,100 | — |
| 2023 | $233,411 | — | — | $15,200 | — |
| 2022 | $196,857 | — | — | — | — |