Plan Snapshot
- Plan Sponsor: City Club Apartments, LLC
- Sponsor EIN: 811284363
- Sponsor Address: 31700 MIDDLEBELT ROAD, FARMINGTON HILLS, MI, 48334
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $4.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 152 | $4.4M | $126,320 | $844,672 |
| 2022 | 168 | $3.6M | $86,771 | $869,710 |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $24,432 | — | $24,432 |
| NEWPORT GROUP, INC. | Recordkeeper | $21,700 | — | $21,700 |
| ONEDIGITAL INVESTMENT ADVISORS | Investment Advisor | $17,120 | — | $17,120 |
| THE HUNTINGTON NATIONAL BANK | Investment Advisor | $15,904 | — | $15,904 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE COMPANY — Recordkeeper
- ONEDIGITAL INVESTMENT ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,156
- Estimated Expense Ratio: 1.793% 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 |
|---|---|---|---|---|---|
| 2023 | $33,249 | — | — | — | — |
| 2022 | $46,831 | — | $46,831 | — | — |