# Beacon Specialized Living Services, INC. DC Plan
Source: https://planprovider.pro/companies/beacon-specialized-living-services-inc-plan-001

> Beacon Specialized Living Services, INC.'s DC plan: 2,611 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Beacon Specialized Living Services, INC.

- **Sponsor EIN:** 383411707

- **Sponsor Address:** 890 N. 10TH STREET, SUITE 110, KALAMAZOO, MI, 49009

- **Plan Type:** DC

- **Total Participants:** 2,611

- **Total Assets:** $15.7M

## 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|2,611|$15.7M|$1.3M|$2.3M|

| 2023|1,606|$11.8M|$895,873|$1.5M|

| 2022|1,959|$7.6M|$794,746|$1.3M|

## 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|

| TRANSAMERICA LIFE INSURANCE COMPANY|RECORDKEEPER|$100,968|—|$100,968|

| CAPSTONE WEALTH MANAGEMENT GROUP L|INVESTMENT ADVISORY|$66,912|—|$66,912|

| FUTUREPLAN BY ASCENSUS|TPA|$31,365|$17|$31,382|

| LBMC, PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [TRANSAMERICA LIFE INSURANCE COMPANY](https://planprovider.pro/provider/transamerica) — RECORDKEEPER

- [CAPSTONE WEALTH MANAGEMENT GROUP L](https://planprovider.pro/provider/capstone-wealth-management-group-llc) — INVESTMENT ADVISORY

- [FUTUREPLAN BY ASCENSUS](https://planprovider.pro/provider/ascensus-llc) — TPA

- [LBMC, PC](https://planprovider.pro/provider/lbmc-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $199,262

- **Estimated Expense Ratio:** 1.273% 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|$194,257|—|$194,257|—|—|

| 2023|$144,817|—|$144,817|—|—|

| 2022|$117,026|—|—|—|$117,026|

## Similar Plans

- [Nexcare Health Systems, LLC](https://planprovider.pro/companies/nexcare-health-systems-llc-401k-plan) — 1,982 participants

- [Orchards Mi, LLC](https://planprovider.pro/companies/orchards-mi-llc-401k-plan) — 1,595 participants

- [Christian Living Services](https://planprovider.pro/companies/christian-living-services-403b-plan) — 1,488 participants

- [United Methodist Retirement Communities, INC.](https://planprovider.pro/companies/united-methodist-retirement-communities-inc-403b-plan) — 1,389 participants

- [Encore Rehabilitation Services](https://planprovider.pro/companies/encore-rehabilitation-services-401k-plan) — 1,305 participants

- [Optalis Professional Services, LLC](https://planprovider.pro/companies/optalis-professional-services-llc-401k-plan) — 4,097 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/beacon-specialized-living-services-inc-plan-001)

© 2026 PlanProvider.Pro