Plan Snapshot
- Plan Sponsor: The Macomb Group, INC.
- Sponsor EIN: 382156104
- Sponsor Address: 6600 E. 15 MILE ROAD, STERLING HEIGHTS, MI, 48312
- Plan Type: 401(k)
- Total Participants: 635
- Total Assets: $52.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 635 | $52.1M | $865,577 | $3.6M |
| 2023 | 478 | $45.3M | $717,770 | $3.0M |
| 2022 | 394 | $28.4M | $582,032 | $2.4M |
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 |
|---|---|---|---|---|
| STIFEL NICOLAUS & CO INC | ADVISOR | $83,312 | — | $83,312 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $59,932 | — | $59,932 |
| UHY ADVISORS GREAT LAKES, INC | ACCOUNTANT/AUDITOR | $5,371 | — | $5,371 |
| UHY LLP | Auditor | $5,371 | — | $5,371 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STIFEL NICOLAUS & CO INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- UHY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,986
- Estimated Expense Ratio: 0.295% 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 | $148,565 | $83,312 | — | $5,371 | — |
| 2023 | $95,716 | $56,067 | — | — | — |
| 2022 | $82,822 | — | — | — | — |