Plan Snapshot
- Plan Sponsor: International Union,Security Police Fire Professionals Of America
- Sponsor EIN: 381294556
- Sponsor Address: 25510 KELLY ROAD, ROSEVILLE, MI, 48066
- Plan Type: 401(k)
- Total Participants: 15,337
- Total Assets: $127.1M
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 | 15,337 | $127.1M | $13.5M | $364,295 |
| 2023 | 14,636 | $121.1M | $14.4M | $429,135 |
| 2022 | 14,205 | $110.2M | $14.4M | $446,228 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $543,664 | — | $543,664 |
| LAWRENCE C MUSGROVE ASSO | CONTRACT ADMINISTRATOR | $264,308 | — | $264,308 |
| BDO | CONTRACT ADMINISTRATOR | $252,945 | — | $252,945 |
| BECKERMAN & COMPANY | CONTRACT ADMINISTRATOR | $53,244 | — | $53,244 |
| GREGORY, MOORE, BROOKS & | CONTRACT ADMINISTRATOR | $52,754 | — | $52,754 |
| SPFPA INTERNATIONAL UNIO | OTHER SERVICES | $51,685 | — | $51,685 |
| VARNUM | CONTRACT ADMINISTRATOR | $51,573 | — | $51,573 |
| COWDEN ASSOCIATES, INC. | CONTRACT ADMINISTRATOR | $46,888 | — | $46,888 |
| WESTERN INTERNATIONAL | CONTRACT ADMINISTRATOR | $37,767 | — | $37,767 |
| ACRISURE MID ATLANTIC | INVESTMENT ADVISORY | $24,819 | — | $24,819 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO — CONTRACT ADMINISTRATOR
- VARNUM — CONTRACT ADMINISTRATOR
- COWDEN ASSOCIATES, INC. — CONTRACT ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,379,647
- Estimated Expense Ratio: 1.085% 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 | $1,359,151 | $373,782 | $543,664 | $252,945 | — |
| 2023 | $1,387,204 | — | $596,066 | — | — |
| 2022 | $1,206,429 | — | $1,206,429 | — | — |