Plan Snapshot
- Plan Sponsor: Detroit Newspaper Agency
- Sponsor EIN: 382675631
- Sponsor Address: 160 W. FORT STREET, DETROIT, MI, 48226
- Plan Type: Health & Welfare
- Plan Number: 526
- Total Participants: 68
- Total Assets: $2.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 68 | $2.1M | $0 | $0 |
| 2023 | 68 | $1.9M | $0 | $54,077 |
| 2022 | 68 | $1.7M | $0 | $60,313 |
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 |
|---|---|---|---|---|
| BENDA, GRACE STULZ AND COMPANY,P.C. | Auditor | $7,350 | — | $7,350 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,350
- Estimated Expense Ratio: 0.350% 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 | $33,223 | $25,626 | — | $7,350 | — |
| 2023 | $29,957 | $22,660 | — | $7,000 | — |
| 2022 | $30,507 | $23,725 | — | — | $6,500 |