Plan Snapshot
- Plan Sponsor: Board Of Trustees Detroit Bakers Local 326 Health & Welfare Fund
- Sponsor EIN: 386114034
- Sponsor Address: 10501 ALLEN RD., 206, ALLEN PARK, MI, 48101
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 69
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 69 | $2.7M | $1.1M | $0 |
| 2023 | 53 | $2.6M | $852,014 | $0 |
| 2022 | 51 | $2.5M | $900,497 | $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 |
|---|---|---|---|---|
| CLAUDIA NORMAN | Other Service Provider | $81,506 | — | $81,506 |
| LARRY BIALOBRZESKI | Other Service Provider | $21,510 | — | $21,510 |
| MORGAN STANLEY | Investment Advisor | $18,604 | — | $18,604 |
| BENDA GRACE STULZ & CO PC | Other Service Provider | $12,350 | — | $12,350 |
| BAKERS & CONFECTIONARY WORKERS 326 | Other Service Provider | $7,200 | — | $7,200 |
| WATKINS PAWLICK CALATI & PRIFTI PC | Other Service Provider | $5,155 | — | $5,155 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $146,325
- Estimated Expense Ratio: 5.502% 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 | $189,665 | $18,604 | — | $12,350 | — |
| 2023 | $187,870 | $17,595 | — | $12,000 | — |
| 2022 | $174,571 | $17,611 | — | — | $16,345 |