Plan Snapshot
- Plan Sponsor: Ai-Cares, LLC
- Sponsor EIN: 300211408
- Sponsor Address: 2155 EXECUTIVE HILLS DRIVE, AUBURN HILLS, MI, 48326
- Plan Type: 401(k)
- Total Participants: 3,053
- Total Assets: $87.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,053 | $87.4M | $3.6M | $7.3M |
| 2023 | 2,252 | $74.5M | $3.4M | $6.9M |
| 2022 | 2,296 | $64.6M | $3.6M | $7.0M |
| 2021 | 2,390 | $75.8M | $0 | $0 |
| 2020 | 2,746 | $63.7M | $0 | $0 |
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, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
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 | $185,546 | $61,170 | — | — | — |
| 2023 | $187,062 | $61,460 | — | — | — |
| 2022 | $203,143 | — | — | — | — |
| 2021 | $208,537 | — | — | — | — |
| 2020 | $157,062 | — | — | — | — |