Plan Snapshot
- Plan Sponsor: Allied Building Service Company Of Detroit
- Sponsor EIN: 382029676
- Sponsor Address: 1801 HOWARD STREET, DETROIT, MI, 48216
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $4.5M
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 | 223 | $4.5M | $154,383 | $606,524 |
| 2023 | 243 | $3.7M | $152,670 | $520,439 |
| 2022 | 222 | $3.2M | $99,608 | $468,140 |
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 |
|---|---|---|---|---|
| FENNER, MELSTROM & DOOLING, PLC | Auditor | $11,000 | — | $11,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FENNER, MELSTROM & DOOLING, PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.246% 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 | $38,266 | — | $27,266 | $11,000 | — |
| 2023 | $35,840 | — | $26,090 | $9,750 | — |
| 2022 | $49,526 | — | $31,626 | — | $17,900 |