Plan Snapshot
- Plan Sponsor: Peak Management LLC
- Sponsor EIN: 202547143
- Sponsor Address: 130 E. 9 MILE RD, FERNDALE, MI, 482203728
- Plan Type: 401(k)
- Total Participants: 126
- Total Assets: $3.1M
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 | 126 | $3.1M | $206,212 | $425,938 |
| 2023 | 98 | $2.4M | $145,251 | $334,952 |
| 2022 | 135 | $1.8M | $161,025 | $301,082 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $21,436 | — | $21,436 |
| ROYAL ALLIANCE ASSOCIATES, INC. | Investment Advisor | $8,961 | — | $8,961 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- ROYAL ALLIANCE ASSOCIATES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,397
- Estimated Expense Ratio: 0.995% 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 | $30,398 | $20,828 | — | — | — |
| 2023 | $20,357 | $15,746 | — | — | — |
| 2022 | — | — | — | — | — |