Plan Snapshot
- Plan Sponsor: Bronson Healthcare Group, INC.
- Sponsor EIN: 382418383
- Sponsor Address: 601 JOHN ST, KALAMAZOO, MI, 49007
- Plan Type: 403(b)
- Total Participants: 9,693
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 9,693 | $1.2B | $33.9M | $50.5M |
| 2023 | 8,795 | $1.0B | $31.5M | $47.7M |
| 2022 | 8,357 | $841.4M | $30.2M | $47.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $664,146 | — | $664,146 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $173,620 | — | $173,620 |
| CAPFINANCIAL PARTNERS, LLC | PLAN SPONSOR | $98,373 | — | $98,373 |
| PLANTE MORAN | PLAN ADMINISTRATOR | $26,100 | — | $26,100 |
| PLANTE & MORAN | Auditor | $26,100 | — | $26,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- PLANTE MORAN — PLAN ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $988,339
- Estimated Expense Ratio: 0.084% 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 | $960,386 | $218,909 | $4,200 | $26,100 | — |
| 2023 | $1,069,125 | $178,510 | $5,100 | $23,800 | — |
| 2022 | $7,731 | $81,244 | — | — | — |