Plan Snapshot
- Plan Sponsor: Bodman PLC
- Sponsor EIN: 381308687
- Sponsor Address: 6TH FLOOR AT FORD FIELD, DETROIT, MI, 48226
- Plan Type: DC
- Total Participants: 258
- Total Assets: $161.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 258 | $161.3M | $4.0M | $3.3M |
| 2023 | 250 | $140.9M | $3.7M | $3.4M |
| 2022 | 249 | $121.5M | $3.3M | $2.8M |
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 |
|---|---|---|---|---|
| DOEREN MAYHEW ASSURANCE | Auditor | $23,420 | — | $23,420 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,420
- Estimated Expense Ratio: 0.015% 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 | $181,315 | $66,800 | — | $23,420 | — |
| 2023 | $147,100 | $66,800 | — | $17,000 | — |
| 2022 | $162,546 | — | — | — | — |