Plan Snapshot
- Plan Sponsor: Wayne-Metropolitan Community Action Agency
- Sponsor EIN: 381976979
- Sponsor Address: 7310 WOODWARD SUITE 800, DETROIT, MI, 48202
- Plan Type: 401(k)
- Total Participants: 684
- Total Assets: $20.0M
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 | 684 | $20.0M | $1.1M | $1.3M |
| 2023 | 694 | $17.8M | $1.1M | $1.3M |
| 2022 | 692 | $14.4M | $1.6M | $1.3M |
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 |
|---|---|---|---|---|
| YEO & YEO P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YEO & YEO P.C. — 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 | $48,813 | $38,678 | $10,135 | — | — |
| 2023 | $126,247 | $113,858 | $12,389 | — | — |
| 2022 | $40,460 | $25,941 | $14,519 | — | — |