Plan Snapshot
- Plan Sponsor: Detroit Police Benefit & Protective Association
- Sponsor EIN: 381207801
- Sponsor Address: 3031 WEST GRAND BLVD, SUITE 405, DETROIT, MI, 48202
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,255
- Total Assets: $28.8M
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. |
|---|---|---|---|---|
| 2025 | 2,255 | $28.8M | $0 | $0 |
| 2024 | 2,256 | $27.6M | $0 | $769,590 |
| 2023 | 2,149 | $27.2M | $0 | $730,333 |
| 2022 | 1,949 | $26.4M | $0 | $705,618 |
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 |
|---|---|---|---|---|
| COMERICA BANK | Other Service Provider | $53,479 | — | $53,479 |
| YEO AND YEO PC | Other Service Provider | $37,700 | — | $37,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,179
- Estimated Expense Ratio: 0.317% 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 | $2,446,162 | — | $53,479 | — | — |
| 2024 | $518,336 | — | $56,196 | — | — |
| 2023 | $502,135 | — | $57,096 | — | — |
| 2022 | $485,457 | — | $57,787 | — | $35,519 |