Plan Snapshot
- Plan Sponsor: Detroit Public Media
- Sponsor EIN: 381440200
- Sponsor Address: 48325 ALPHA DRIVE, SUITE 150, WIXOM, MI, 483933451
- Plan Type: 403(b)
- Total Participants: 112
- Total Assets: $32.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 112 | $32.7M | $493,280 | $226,988 |
| 2023 | 136 | $29.8M | $73,143 | $446,927 |
| 2022 | 120 | $27.2M | $178,131 | $408,031 |
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 |
|---|---|---|---|---|
| THE AGBAY GROUP | Other Service Provider | $24,449 | — | $24,449 |
| TIAA | Recordkeeper | $23,446 | — | $23,446 |
| BAKER TILLY US, LLP | Auditor | $13,980 | — | $13,980 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — Recordkeeper
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,875
- Estimated Expense Ratio: 0.189% 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 | $61,651 | — | $61,651 | — | — |
| 2023 | $36,330 | — | $36,330 | — | — |
| 2022 | $28,402 | — | — | — | — |