Plan Snapshot
- Plan Sponsor: Board Of Trustees, Supplemental Unemployment Benefit Fund Of The
- Sponsor EIN: 386080379
- Sponsor Address: P.O. BOX 71337, MADISON HEIGHTS, MI, 48071
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 4,722
- Total Assets: $60.7M
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. |
|---|---|---|---|---|
| 2025 | 4,722 | $60.7M | $0 | $0 |
| 2024 | 5,084 | $57.9M | $736,555 | $0 |
| 2023 | 5,809 | $57.3M | $826,481 | $0 |
| 2022 | 5,474 | $55.2M | $788,072 | $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 |
|---|---|---|---|---|
| BOYD WATERSON ASSET MANAGMENT, LLC | Other Service Provider | $89,008 | — | $89,008 |
| NEPC, LLC | Other Service Provider | $81,345 | — | $81,345 |
| CHERYL THOMAS | Other Service Provider | $69,667 | — | $69,667 |
| E CRAIG YOUNG | Other Service Provider | $41,809 | — | $41,809 |
| COMERICA BANK | Other Service Provider | $33,898 | — | $33,898 |
| MCCLAIN SMITH & WENZ PC | Auditor | $32,033 | — | $32,033 |
| WATKINS PAWLICK CALATI & PRIFTI, PC | Other Service Provider | $18,142 | — | $18,142 |
| SOLXSYS | Other Service Provider | $14,577 | — | $14,577 |
| ULLICO | Other Service Provider | $8,124 | — | $8,124 |
| AUXIOM | Other Service Provider | $7,561 | — | $7,561 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $396,164
- Estimated Expense Ratio: 0.653% 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 |
|---|---|---|---|---|---|
| 2025 | $1,844,912 | $170,353 | — | $32,033 | — |
| 2024 | $657,849 | $165,632 | — | $29,046 | — |
| 2023 | $577,302 | $172,952 | — | $21,241 | — |
| 2022 | $582,613 | $165,937 | — | — | $40,596 |