Plan Snapshot
- Plan Sponsor: Palace Sports & Entertainment, LLC
- Sponsor EIN: 382670394
- Sponsor Address: 6201 2ND AVE., DETROIT, MI, 48202
- Plan Type: 401(k)
- Total Participants: 1,073
- Total Assets: $34.7M
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 | 1,073 | $34.7M | $853,609 | $1.8M |
| 2023 | 519 | $32.5M | $811,681 | $1.7M |
| 2022 | 466 | $27.0M | $744,984 | $1.6M |
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 |
|---|---|---|---|---|
| PLANTE & MORANPLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORANPLLC — 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 | $17,703 | $10,332 | — | — | — |
| 2023 | $12,139 | $7,380 | $600 | — | — |
| 2022 | $9,706 | $6,268 | — | — | — |