Plan Snapshot
- Plan Sponsor: Alcona Citizens For Health, INC.
- Sponsor EIN: 382170985
- Sponsor Address: 1035 WEST WASHINGTON, ALPENA, MI, 49707
- Plan Type: 403(b)
- Total Participants: 383
- Total Assets: $17.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 383 | $17.4M | $379,797 | $1.2M |
| 2023 | 377 | $14.4M | $334,712 | $1.2M |
| 2022 | 370 | $12.2M | $308,714 | $1.1M |
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 |
|---|---|---|---|---|
| EDWARD JONES | INVESTMENT ADVISOR | $37,432 | — | $37,432 |
| CAPITAL GROUP RETIREMENT PLAN SVCS. | RECORDKEEPER | $18,957 | — | $18,957 |
| QUAST JANKE AND COMPANY | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,389
- Estimated Expense Ratio: 0.324% of plan assets
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 | $56,389 | $37,432 | — | — | — |
| 2023 | $33,868 | $31,918 | — | — | — |
| 2022 | $36,716 | — | $36,716 | — | — |