Plan Snapshot
- Plan Sponsor: Brooks Kushman P.C.
- Sponsor EIN: 383085676
- Sponsor Address: 150 W. SECOND STREET, SUITE 400N, ROYAL OAK, MI, 48067
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $76.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 143 | $76.0M | $2.0M | $1.8M |
| 2023 | 140 | $66.3M | $1.8M | $1.9M |
| 2022 | 140 | $58.6M | $1.9M | $1.6M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH CONSULTING SERVICES. | BROKER | $40,055 | — | $40,055 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $21,920 | — | $21,920 |
| GORDON ADVISORS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GORDON ADVISORS P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,975
- Estimated Expense Ratio: 0.082% 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 | $61,975 | — | — | — | — |
| 2023 | $75,248 | $45,000 | — | — | — |
| 2022 | $90,293 | — | — | — | — |