Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Mda Health Plan
- Sponsor EIN: 471534933
- Sponsor Address: ATTN CRAIG START, OKEMOS, MI, 48864
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,915
- Total Assets: $27.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,915 | $27.6M | $9.6M | $11.2M |
| 2023 | 1,826 | $26.7M | $9.1M | $11.5M |
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 |
|---|---|---|---|---|
| PRIORITY HEALTH INSURANCE COMPANY | Other Service Provider | $2,847,115 | — | $2,847,115 |
| MDA INSURANCE & FINANCIAL GROUP INC | Other Service Provider | $2,428,601 | — | $2,428,601 |
| COTTINGHAM & BUTLER INSURANCE SVC | Other Service Provider | $135,000 | — | $135,000 |
| PARTNERS IN PERFORMANCE | Other Service Provider | $122,755 | — | $122,755 |
| COMERICA SECURITIES | Other Service Provider | $70,154 | — | $70,154 |
| THE WAGNER LAW GROUP | ERISA Attorney | $44,304 | — | $44,304 |
| HCP NATIONAL INSURANCE SERVICE | Other Service Provider | $39,944 | — | $39,944 |
| CC LAW & POLICY | Other Service Provider | $36,772 | — | $36,772 |
| THE TERRY GROUP | Other Service Provider | $28,808 | — | $28,808 |
| COMMERCIAL BLUEPRINT INC | Other Service Provider | $24,765 | — | $24,765 |
| HARRIS CPAS | Auditor | $24,000 | — | $24,000 |
| CIGNA | Other Service Provider | $23,724 | — | $23,724 |
| MANER COSTERISAN | Auditor | $22,339 | — | $22,339 |
| GRA BENEFITS GROUP | Other Service Provider | $21,625 | — | $21,625 |
| QUADIENT LEASING USA | Other Service Provider | $18,562 | — | $18,562 |
| EMPLOYEE NAVIGATOR | Other Service Provider | $10,700 | — | $10,700 |
| PNC BANK | Other Service Provider | $10,178 | — | $10,178 |
| THIRD HORIZON STRATEGIES | Other Service Provider | $8,975 | — | $8,975 |
| JACKSON LEWS PC | Other Service Provider | $8,008 | — | $8,008 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE WAGNER LAW GROUP — ERISA Attorney
- HARRIS CPAS — Auditor
- MANER COSTERISAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,926,329
- Estimated Expense Ratio: 21.504% 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 | $3,616,827 | $70,154 | $1,429,179 | — | — |
| 2023 | $3,662,947 | $49,722 | $1,418,686 | — | — |