Plan Snapshot
- Plan Sponsor: Detroit Regional Chamber
- Sponsor EIN: 380477570
- Sponsor Address: 777 WOODWARD AVENUE, DETROIT, MI, 48226
- Plan Type: 401(k)
- Total Participants: 82
- Total Assets: $22.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 82 | $22.6M | $597,622 | $651,909 |
| 2023 | 121 | $19.0M | $466,426 | $575,974 |
| 2022 | 102 | $14.2M | $453,452 | $512,160 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | Auditor | — | — | $0 |
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 | $55,520 | $42,401 | $13,119 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |