Plan Snapshot
- Plan Sponsor: Triple, INC.
- Sponsor EIN: 383259976
- Sponsor Address: 1441 ALLEN DRIVE, TROY, MI, 48083
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 125 | $9.1M | $184,255 | $601,455 |
| 2023 | 104 | $7.5M | $165,574 | $547,109 |
| 2022 | 105 | $6.1M | $134,489 | $468,013 |
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 |
|---|---|---|---|---|
| RINGO & ASSOCIATES PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $46,505 | $23,920 | — | — | — |
| 2023 | $40,386 | $20,605 | — | — | — |
| 2022 | $36,654 | $20,056 | — | — | $16,598 |