Plan Snapshot
- Plan Sponsor: Wade Trim Group, INC.
- Sponsor EIN: 382236295
- Sponsor Address: 500 GRISWOLD AVENUE, DETROIT, MI, 48226
- Plan Type: 401(k)
- Total Participants: 700
- Total Assets: $87.0M
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 | 700 | $87.0M | $1.7M | $5.9M |
| 2023 | 668 | $75.6M | $1.4M | $5.0M |
| 2022 | 594 | $63.6M | $1.2M | $4.2M |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | Auditor | $12,000 | — | $12,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,000
- Estimated Expense Ratio: 0.014% 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 | $130,267 | $49,635 | — | $12,000 | — |
| 2023 | $121,065 | $48,189 | — | $16,500 | — |
| 2022 | $102,433 | $46,785 | — | — | $5,500 |