Detroit Institute of Arts 401(k) match, vesting and fees
What Detroit Institute of Arts' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | Plante & Moran, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 320 defined-contribution plans in arts, entertainment, and recreation with 100 to 499 participants.
| Detroit Institute of Arts: employer contribution per participant | $2,521 | |
| Peer median | $1,598 |
| Detroit Institute of Arts: average balance | $70,842 | |
| Peer median | $50,224 |
| Detroit Institute of Arts: admin expenses ÷ assets | 0.32% | |
| Peer median | 0.40% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $18.1M at the end of plan year 2021 to $31.1M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 444 | $31.1M | $1.1M | $2,521 | 0.32% | Not published | Form 5500 ↗ |
| 2024 | 445 | $22.8M | $1.1M | $2,413 | 0.36% | Not published | Form 5500 ↗ |
| 2023 | 439 | $19.2M | $940K | $2,182 | 0.44% | Not published | Form 5500 ↗ |
| 2022 | 445 | $16.1M | $834K | $1,896 | 0.39% | Not published | Form 5500 ↗ |
| 2021 | 373 | $18.1M | $764K | $2,060 | 0.39% | Not published | Form 5500 ↗ |
Other Detroit Institute of Arts plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Detroit Institute of Arts Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Kruggel Lawton & Company, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Detroit Institute of Arts match 401(k) contributions?
The match terms for the The Detroit Institute of Arts 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $1.1M in employer contributions, about $2,521 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Detroit Institute of Arts 401(k) match vested?
The vesting schedule for the The Detroit Institute of Arts 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Detroit Institute of Arts 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Alerus Financial, N.A.. The plan administrator is The Detroit Institute of Arts.
I left Detroit Institute of Arts. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Detroit Institute of Arts, (313) 833-7900) or the recordkeeper, Alerus Financial, N.A.. The Detroit Institute of Arts old 401(k) page lists the contacts from every plan filing. Find an old Detroit Institute of Arts 401(k)
Data from the public Form 5500 annual reports Detroit Institute of Arts filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Detroit Institute of Arts. Not financial advice. Report a correction · Methodology