Plan Snapshot
- Plan Sponsor: Baruch Sls
- Sponsor EIN: 383375365
- Sponsor Address: 3196 KRAFT AVE STE 203, GRAND RAPIDS, MI, 495122065
- Plan Type: 403(b)
- Total Participants: 919
- Total Assets: $5.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 919 | $5.9M | $190,005 | $606,981 |
| 2023 | 1,056 | $5.4M | $172,346 | $530,714 |
| 2022 | 883 | $4.4M | $151,682 | $497,296 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $37,307 | — | $37,307 |
| NEXT FINANCIAL GROUP INC | INVESTMENT ADVISORY | — | $13,876 | $13,876 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,183
- Estimated Expense Ratio: 0.864% 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 | $37,307 | — | $37,307 | — | — |
| 2023 | $32,269 | — | $32,269 | — | — |
| 2022 | $34,216 | — | $34,216 | — | — |