Plan Snapshot
- Plan Sponsor: Walters Gardens, INC.
- Sponsor EIN: 381903867
- Sponsor Address: 1992 96TH AVE, ZEELAND, MI, 494642041
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $20.7M
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 | 196 | $20.7M | $383,461 | $1.0M |
| 2023 | 180 | $19.3M | $330,597 | $897,536 |
| 2022 | 186 | $15.9M | $319,022 | $855,099 |
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 |
|---|---|---|---|---|
| KIEKOVER, SCHOLMA AND SHUMAKER, 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 | $71,724 | — | $71,724 | — | — |
| 2023 | $66,969 | — | $66,969 | — | — |
| 2022 | $66,806 | — | $66,806 | — | — |