Plan Snapshot
- Plan Sponsor: Betten Chevrolet-Cadillac INC.
- Sponsor EIN: 382442212
- Sponsor Address: 2474 HENRY ST, MUSKEGON, MI, 49443
- Plan Type: 401(k)
- Total Participants: 432
- Total Assets: $15.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 432 | $15.6M | $0 | $1.2M |
| 2023 | 478 | $16.2M | $59,289 | $1.5M |
| 2022 | 421 | $13.3M | $51,097 | $1.5M |
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 |
|---|---|---|---|---|
| CAPTRUST INVESTMENT ADVISORS | INVESTMENT ADVISOR | $76,464 | — | $76,464 |
| MILLIMAN, INC. | NONE | $49,766 | — | $49,766 |
| DOLINKA, VANOORD, & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,230
- Estimated Expense Ratio: 0.808% 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 | $126,230 | — | — | — | — |
| 2023 | $117,621 | $71,018 | — | — | — |
| 2022 | $125,178 | — | — | — | $125,178 |