Plan Snapshot
- Plan Sponsor: Comerica Incorporated
- Sponsor EIN: 381998421
- Sponsor Address: COMERICA BANK TOWER, DALLAS, TX, 75201
- Plan Type: 401(k)
- Total Participants: 7,885
- Total Assets: $2.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 7,885 | $2.0B | $30.0M | $64.8M |
| 2023 | 7,841 | $1.8B | $26.9M | $62.2M |
| 2022 | 7,629 | $1.6B | $24.4M | $56.5M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $209,443 | — | $209,443 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $182,248 | — | $182,248 |
| ERNST YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ERNST YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $391,691
- Estimated Expense Ratio: 0.020% 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 | $391,719 | $209,443 | — | — | — |
| 2023 | $354,061 | — | $354,061 | — | — |
| 2022 | $200,068 | — | $200,068 | — | — |