# Peterson American Corporation DB Plan
Source: https://planprovider.pro/companies/peterson-american-corporation-plan-011

> Peterson American Corporation's DB plan: 52 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Peterson American Corporation

- **Sponsor EIN:** 340909874

- **Sponsor Address:** 21200 TELEGRAPH ROAD, SOUTHFIELD, MI, 48033

- **Plan Type:** DB

- **Total Participants:** 52

- **Total Assets:** $2.0M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|52|$2.0M|$0|$0|

| 2023|50|$2.6M|$0|$0|

| 2022|52|$2.7M|$0|$0|

## 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|

| BOBER, MARKEY, FEDOROVICH & COMPANY|Auditor|$22,500|—|$22,500|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BOBER, MARKEY, FEDOROVICH & COMPANY](https://planprovider.pro/provider/bober-markey-fedorovich-and-company) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $22,500

- **Estimated Expense Ratio:** 1.116% 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|$60,230|$5,730|—|$22,500|—|

| 2023|$85,107|$6,005|—|—|—|

| 2022|$35,380|$7,438|—|—|$17,631|

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