Plan Snapshot
- Plan Sponsor: Bay Mills Indian Community
- Sponsor EIN: 381970365
- Sponsor Address: 12140 W. LAKESHORE DRIVE, BRIMLEY, MI, 49715
- Plan Type: 401(k)
- Total Participants: 617
- Total Assets: $12.2M
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 | 617 | $12.2M | $457,269 | $801,509 |
| 2023 | 561 | $10.7M | $416,081 | $737,492 |
| 2022 | 542 | $8.4M | $409,404 | $721,213 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $33,183 | — | $450 | — | — |
| 2023 | $33,642 | — | $1,250 | — | — |
| 2022 | $32,457 | — | $32,457 | — | — |