Logo

EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

DETROIT ECONOMIC GROWTH CORP. has sponsored the creation of one or more 401k plans.

Company Name:DETROIT ECONOMIC GROWTH CORP.
Employer identification number (EIN):382192028
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01GLEN LONG, CFO2024-10-07 GLEN LONG, CFO2024-10-07
0012022-01-01GLEN LONG, CFO2023-09-26 GLEN LONG, CFO2023-09-26
0012021-01-01GLEN LONG, CFO2022-08-30
0012020-01-01GLEN LONG, CFO2021-09-22 GLEN LONG, CFO2021-09-22
0012019-01-01GLEN LONG, CFO2020-10-07 GLEN LONG, CFO2020-10-07
0012018-01-01GLEN LONG, CFO2019-09-05 GLEN LONG, CFO2019-09-05
0012017-01-01GLEN LONG, CFO2018-08-16 GLEN LONG, CFO2018-08-16
0012016-01-01GLEN LONG, CFO2017-08-16 GLEN LONG, CFO2017-08-16
0012015-01-01GLEN LONG, CFO2016-04-26 GLEN LONG, CFO2016-04-26
0012014-01-01GLEN LONG, CFO2015-06-24 GLEN LONG, CFO2015-06-24
0012013-01-01GLEN LONG, CFO2014-06-17 GLEN LONG, CFO2014-06-17
0012012-01-01GLEN LONG, CFO2013-06-18 GLEN LONG, CFO2013-06-18
0012011-01-01GLEN LONG, CFO2012-07-26 GLEN LONG, CFO2012-07-26
0012010-01-01GLEN LONG, CFO2011-06-29 GLEN LONG, CFO2011-06-29

Plan Statistics for EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION 2025 401k membership
Total number of particpants at beginning of year2025-10-09101
Total number of particpants at end of year2025-10-09106
Number of Participants With Account Balances2025-10-09106
2024: EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION 2024 401k membership
Total number of particpants at beginning of year2024-10-0792
Total number of particpants at end of year2024-10-07100
Number of Participants With Account Balances2024-10-07100

Financial Data on EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-09319304
Net assets as of the end of the plan year2025-10-0915634878
Total assets as of the beginning of the plan year2025-10-0913194732
Value of plan covered by a fidelity bond2025-10-09500000
Participant contributions to plan in this plan year2025-10-09404717
Value of participant loans at end of plan year2025-10-0971603
Other contributions to plan in this plan year2025-10-09207698
Other income to plan in this plan year2025-10-091683103
Plan net income in this plan year2025-10-092440146
Net assets as of the end of the plan year2025-10-0915634878
Net assets as of the beginning of the plan year2025-10-0913194732
Employer contributions to plan in this plan year2025-10-09463932
Fees paid to broker by Benefit Provider2025-10-0936088
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-091445
2024 : EMPLOYEE BENEFIT PLAN OF THE DETROIT ECONOMIC GROWTH CORPORATION 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-07981587
Net assets as of the end of the plan year2024-10-0713194732
Total assets as of the beginning of the plan year2024-10-0711630608
Value of plan covered by a fidelity bond2024-10-07500000
Participant contributions to plan in this plan year2024-10-07365641
Value of participant loans at end of plan year2024-10-0769829
Other income to plan in this plan year2024-10-071763211
Plan net income in this plan year2024-10-071564124
Net assets as of the end of the plan year2024-10-0713194732
Net assets as of the beginning of the plan year2024-10-0711630608
Employer contributions to plan in this plan year2024-10-07416859
Fees paid to broker by Benefit Provider2024-10-0731047
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-071609

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
US 401k Lookup     VAT Lookup