Overview

Plan Rating

BrightScope Rating
43
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (30)
Average in Peer Group (62)
Highest in Peer Group (85)

Plan Description

Idi 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 43. Idi 401k Plan currently has over 100 active participants and over $285.6K in plan assets.

Did you know?

For the average 401k participant, the 42 point difference between this plan's BrightScope Rating (43) and the top rated plan (85) could equate to:
18
Additional years of work
284,692
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 6400 East Eight Mile Road
  • Location
    Detroit , MI
  • 48234
  • Industry
    Other Miscellaneous Nondurable Goods Merchant Wholesalers
  • Administrator
    Joe Obeid
  • Net Plan Assets
    $290,000
  • Total Participants
    120
  • Avg Account Balance
    $10,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Poor

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Above Average
Account Balance:
Average

Peer Group Plans

Company Rating
Art Fashion 62.2
Dynarex 57.4
Natures Food Patch 55.4
Helget Gas Products 52.2
Ocean Bio-Chem 49.6
Technocel 47.6
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

17

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Loomis Sayles Investment Grade Bond 23%
96%
AB Sustainable International Thematic 10%
47%
Alger Capital Appreciation 10%
71%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
ADP
Auditor
Doeren Mayhew Financial Services LLC

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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