Plan Snapshot
- Plan Sponsor: Trucent, INC.
- Sponsor EIN: 201805407
- Sponsor Address: 7400 NEWMAN BLVD., DEXTER, MI, 48130
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 145 | $12.0M | $361,918 | $1.1M |
| 2023 | 135 | $10.5M | $318,201 | $973,695 |
| 2022 | 134 | $8.8M | $283,738 | $857,532 |
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 |
|---|---|---|---|---|
| PLANTE MORAN | 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 | $64,146 | $44,164 | — | — | — |
| 2023 | $44,011 | $40,180 | — | — | — |
| 2022 | $24,052 | — | $24,052 | — | — |