Plan Snapshot
- Plan Sponsor: Waseyabek Development Company, LLC
- Sponsor EIN: 452425291
- Sponsor Address: 16 MONROE CENTER STREET NE, GRAND RAPIDS, MI, 49503
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $11.1M
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 | 227 | $11.1M | $793,871 | $1.7M |
| 2023 | 231 | $7.4M | $670,922 | $1.3M |
| 2022 | 208 | $4.8M | $541,601 | $1.0M |
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 |
|---|---|---|---|---|
| DK WEISS, HOLT & ASSOCIATES, PLLC | 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 | $75,264 | — | — | — | — |
| 2023 | $49,542 | — | — | — | — |
| 2022 | $34,952 | $34,952 | — | — | — |