Plan Snapshot
- Plan Sponsor: Ismail B. Sendi, Md PC
- Sponsor EIN: 383006825
- Sponsor Address: 26545 AMERICAN DRIVE, SOUTHFIELD, MI, 48034
- Plan Type: 401(k)
- Total Participants: 274
- Total Assets: $5.0M
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 | 274 | $5.0M | $86,187 | $595,710 |
| 2023 | 239 | $4.0M | $76,014 | $497,512 |
| 2022 | 240 | $3.0M | $70,469 | $447,387 |
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 |
|---|---|---|---|---|
| BENEFIT PLAN SERVICES | CONTRACT ADMINISTRATOR | $9,460 | — | $9,460 |
| WALTER, BOESKY & ASSOCIATES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WALTER, BOESKY & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,460
- Estimated Expense Ratio: 0.191% 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 | $11,235 | — | $9,460 | — | — |
| 2023 | $5,950 | — | $4,650 | — | — |
| 2022 | $888 | — | $888 | — | — |