Plan Snapshot
- Plan Sponsor: United Machining. INC.
- Sponsor EIN: 261595414
- Sponsor Address: 6300 18 12 MILE RD, STERLING HEIGHTS, MI, 483143112
- Plan Type: 401(k)
- Total Participants: 71
- Total Assets: $3.9M
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 | 71 | $3.9M | $179,490 | $257,492 |
| 2023 | 82 | $3.6M | $196,284 | $263,006 |
| 2022 | 83 | $3.1M | $213,376 | $285,182 |
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 |
|---|---|---|---|---|
| JANZ & KNIGHT PLC | 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 | $33,898 | $18,547 | — | — | — |
| 2023 | $30,285 | $15,983 | — | — | — |
| 2022 | $28,906 | $15,711 | $13,195 | — | — |