Plan Snapshot
- Plan Sponsor: Trimas Corporation
- Sponsor EIN: 382687639
- Sponsor Address: 38505 WOODWARD AVE STE 200, BLOOMFIELD HILLS, MI, 483045096
- Plan Type: DB
- Total Participants: 99
- Total Assets: $10.7M
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 | 99 | $10.7M | $794,000 | $0 |
| 2023 | 105 | $9.8M | $853,000 | $0 |
| 2022 | 107 | $8.4M | $757,404 | $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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | $19,800 | — | $19,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,800
- Estimated Expense Ratio: 0.185% 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 | $271,969 | $23,251 | $63,830 | $19,800 | — |
| 2023 | $341,142 | $18,000 | $59,838 | $17,800 | — |
| 2022 | $329,857 | $18,000 | $23,950 | — | $125,325 |