Plan Snapshot
- Plan Sponsor: Amerisure Mutual Insurance Company 401k Savings Plan
- Sponsor EIN: 380829210
- Sponsor Address: 26777 HALSTED RD LBBY, FARMINGTON HILLS, MI, 483313587
- Plan Type: 401(k)
- Total Participants: 720
- Total Assets: $230.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 720 | $230.6M | $5.7M | $8.7M |
| 2023 | 755 | $212.9M | $3.8M | $8.5M |
| 2022 | 720 | $188.4M | $4.0M | $9.6M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | NONE | $66,044 | — | $66,044 |
| PLANTE MORAN PLLC | NONE | $23,050 | — | $23,050 |
| CARDINAL INVESTMENT ADVISORS | NONE | $15,000 | — | $15,000 |
| VANGUARD GROUP INC. | NONE | $11,213 | — | $11,213 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC. — NONE
- VANGUARD GROUP INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,307
- Estimated Expense Ratio: 0.050% 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 | $153,273 | $83,794 | $5,257 | — | — |
| 2023 | $105,090 | $76,915 | $4,675 | — | — |
| 2022 | $56,250 | $49,961 | $4,975 | — | — |