Plan Snapshot
- Plan Sponsor: Butzel Long, A Professional Corporation
- Sponsor EIN: 382384883
- Sponsor Address: 150 W. JEFFERSON, DETROIT, MI, 48226
- Plan Type: 401(k)
- Total Participants: 246
- Total Assets: $109.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 246 | $109.3M | $1.2M | $3.2M |
| 2023 | 217 | $97.0M | $923,038 | $2.9M |
| 2022 | 209 | $83.3M | $1.0M | $2.7M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN | Auditor | $19,500 | — | $19,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,500
- Estimated Expense Ratio: 0.018% 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 | $102,923 | — | — | $19,500 | — |
| 2023 | $89,935 | — | — | — | — |
| 2022 | $56,150 | — | — | — | — |