Plan Snapshot
- Plan Sponsor: Detroit Public Media
- Sponsor EIN: 381440200
- Sponsor Address: 48325 ALPHA DRIVE, SUITE 150, WIXOM, MI, 483933451
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 264
- Total Assets: $35.7M
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. |
|---|---|---|---|---|
| 2025 | 264 | $35.7M | $0 | $0 |
| 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 | $27,564 | — | $27,564 |
| TIAA | Other Service Provider | $25,200 | — | $25,200 |
| BAKER TILLY US, LLP | Other Service Provider | $14,750 | — | $14,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,514
- 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 |
|---|---|---|---|---|---|
| 2025 | $2,132,509 | — | $57,132 | — | — |
| 2024 | $61,651 | — | $61,651 | — | — |
| 2023 | $36,330 | — | $36,330 | — | — |
| 2022 | $28,402 | — | — | — | — |