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Original filing (PDF)20251010143916NAL0004710371001
GHAFARI ASSOCIATES, LLC
Form 5500
FILING_RECEIVED
GHAFARI COMPANIES 401(K) PLAN
401(k) retirement plan
Signals · 1
1 failed disclosure
Active participants
434
Accounts w/ balance
705
Plan assets (EOY)
$106.6M
Net assets (EOY)
$106.6M
How this plan invests
This plan
1 pooled trust
Schedule D
36 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
85
Concentration risk
100
Total plan cost
80
Vendor stack
100
Participation health
100
Knocking points off
- 1 Schedule C provider failed to disclose compensation.
- 14 bps in Schedule C fees — modestly above peer band of 10 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GHAFARI ASSOCIATES, LLC.
Plan sponsor
Name
GHAFARI ASSOCIATES, LLC
EIN
38-3530824
Address
17101 MICHIGAN AVE. · DEARBORN, MI · 48126
Phone
(313) 441-3000
Industry
Engineering Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
2K · 401(m) arrangement
2T · Default investment account (QDIA)
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2U · Association Retirement Plan
3D · Pre-approved plan (master / prototype / VS)
2R · Participant-directed brokerage (SDBA)
Audit & trust (Schedule H)
Auditor
PLANTE MORAN
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $5K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GREGORY J. SCHWARTZ & CO. | 38-2117812 | — | INVESTMENT ADVISOR | $119K | — |
| STRATEGIC ADVISORS, INC. | 04-2654524 | — | ADVISOR | $23K | — |
Failed / refused disclosures (Sched C Part 2)
| Provider | Nondisclosure info |
|---|---|
| — | — |
Investments
35 direct securities · 1 pooled fund· $106.6M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$102.3M
35 holdings
Common Collective Trust
$4.3M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Management Trust Company Fidelity Growth Company Fund | — | — | — | $18.0M | 16.9% | |
| Fidelity 500 Index Fund Investor Class | — | — | — | $13.3M | 12.5% | |
| Fidelity Freedom 2030 Fund | — | — | — | $5.4M | 5.0% | |
| Columbia Dividend Income Fund I3 | — | — | — | $4.9M | 4.6% | |
| RT NY LIFE AA CL 0 RELIANCE TRUST COMPANY · EIN 46-6350416 / PN 001 | Common Collective Trust | — | — | $4.3M | 4.0% | |
| Federated Hermes MDT Mid Cap Growth R6 | — | — | — | $4.1M | 3.9% | |
| Fidelity Freedom 2025 Fund | — | — | — | $3.9M | 3.7% | |
| Fidelity Freedom 2035 Fund | — | — | — | $3.7M | 3.5% | |
| Victory Sycamore Established Value Fund A | — | — | — | $3.7M | 3.5% | |
| Fidelity Freedom 2040 Fund | — | — | — | $3.7M | 3.5% | |
| Fidelity Freedom 2050 Fund | — | — | — | $3.6M | 3.4% | |
| Fidelity Balanced Fund | — | — | — | $3.6M | 3.4% | |
| Vanguard Small-Cap Growth Index Fund Admiral | — | — | — | $3.4M | 3.2% | |
| Fidelity Freedom 2055 Fund | — | — | — | $3.1M | 2.9% | |
| Vanguard International Growth Fund Admiral Shares | — | — | — | $3.0M | 2.8% | |
| Fidelity Global ex U.S. Index Fund | — | — | — | $2.9M | 2.7% | |
| Loomis SM Cap Growth | — | — | — | $2.7M | 2.5% | |
| Fidelity Freedom 2045 Fund | — | — | — | $2.6M | 2.5% | |
| Fidelity US Bond Index Fund | — | — | — | $2.2M | 2.0% | |
| Fidelity Small Cap Index Fund | — | — | — | $2.0M | 1.8% | |
| Invesco Core Plus Bond R5 | — | — | — | $1.8M | 1.7% | |
| American Funds New World Fund Class R-6 | — | — | — | $1.6M | 1.5% | |
| Fidelity Mid Cap Index Fund | — | — | — | $1.6M | 1.5% | |
| Fidelity Freedom 2020 Fund | — | — | — | $1.4M | 1.3% | |
| Lord Abbett Short Duration Income Fund | — | — | — | $1.3M | 1.3% | |
| Fidelity International Small Capital Opportunity | — | — | — | $1.3M | 1.2% | |
| Fidelity Freedom 2060 Fund | — | — | — | $925K | 0.9% | |
| Fidelity Management Trust Company Self-directed brokerage account investments - BrokerageLink | — | — | — | $511K | 0.5% | |
| AB Global Bond Fund A | — | — | — | $484K | 0.5% | |
| Participants Participant notes receivable bearing interest at rates ranging from 4.25 to 9.50 percent - | — | — | — | $467K | 0.4% | |
| Fidelity Freedom 2015 Fund | — | — | — | $428K | 0.4% | |
| Fidelity Management Trust Company Interest-bearing cash - BrokerageLink Cash | — | — | — | $330K | 0.3% | |
| Fidelity Freedom 2065 Fund | — | — | — | $143K | 0.1% | |
| Fidelity Management Trust Company Money market fund - Fidelity Government Money Market Fund | — | — | — | $64K | <0.1% | |
| Fidelity Freedom Income Fund | — | — | — | $47K | <0.1% | |
| Fidelity Freedom 2010 Fund | — | — | — | $36K | <0.1% |