Plan Snapshot
- Plan Sponsor: Education Management & Networks
- Sponsor EIN: 202490342
- Sponsor Address: 27704 FRANKLIN ROAD, SOUTHFIELD, MI, 48034
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $3.4M
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 | 179 | $3.4M | $174,673 | $296,384 |
| 2023 | 122 | $2.6M | $132,108 | $232,598 |
| 2022 | 101 | $1.9M | $123,224 | $221,325 |
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 |
|---|---|---|---|---|
| YEO AND YEO PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YEO AND YEO PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $6,362 | $5,633 | — | — | — |
| 2023 | $5,895 | — | — | — | — |
| 2022 | $5,364 | — | — | — | — |